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NZ dollar up after China lowers bank reserve

New Zealand Herald
Sunday, 13 May 2012

NZ dollar up after China lowers bank reserveThe New Zealand dollar rose after China cut the amount of cash that banks must set aside for reserves, a move that may stoke lending and economic activity in the nation's second-largest export market.The New Zealand dollar traded...
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Source: Bloomberg - on May 14, 2012

News video: Riddell Says China May Cut Reserve Requirements Further

Riddell Says China May Cut Reserve Requirements Further

May 14 (Bloomberg) –- Timothy Riddell, head of global markets research in Singapore at Australia & New Zealand Banking Group Ltd., talks about China's central bank monetary policy. The People’s Bank of China on May 12 lowered banks’

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