RBNZ and RBA worried about the appreciation of their currencies-13:25 (CET)

By IBTimes Staff Reporter | October 26 2009 9:15 AM

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The RBNZ and RBA are worried about the appreciation of the kiwi and aussie. Members of the RBNZ said that the continuous strengthening of the NZD is hurting exports and say there are not many options to weaken the kiwi.Among them, they're thinking about a rate cut.

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