Reserve Bank powerless in currency fight, says Key
Prime Minister John Key says NZ and its central bank are effectively powerless when it comes to checking the strength of the kiwi dollar.
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<i>NZ Dollar Outlook:</i> Kiwi to have run at US80c
The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.
World shares, commodities surge after QE2
World share markets have risen after the Federal Reserve's $600b plan to stimulate the US economy was well received.