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![Bernard Hickey: What did double-downgrade day really mean?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bernard Hickey: What did double-downgrade day really mean?
Now the dust has settled on 'Double-Downgrade Day', it's worth looking at what it all means.
![All eyes on S&P after Fitch cuts NZ credit rating](/pf/resources/images/placeholders/placeholder_l.png?d=793)
All eyes on S&P after Fitch cuts NZ credit rating
Will credit ratings agency Standard and Poor's follow Fitch and cut New Zealand's credit rating?
![Credit downgrade: I didn't see it coming - English](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Credit downgrade: I didn't see it coming - English
Fitch ratings agency has lowered NZ's credit rating by one notch to "AA" and expressed concern....
![NZ dollar rises as stocks bounce on euro hopes](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar rises as stocks bounce on euro hopes
The New Zealand dollar rose against the greenback in volatile trade overnight.
![NZ Dollar Outlook: Kiwi may keep falling](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ Dollar Outlook: Kiwi may keep falling
The New Zealand dollar may extend its decline this week as investors, nervous about the slow progress being made on Europe's escalating sovereign debt crisis, sell growth-linked currencies for the relative safety of the greenback.
![NZ shares, dollar steady after rough week](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ shares, dollar steady after rough week
New Zealand financial markets markets were in a holding pattern today after Europe's debt woes sparked a wave of selling around world last week.
![Surplus still on if Asia stays clear of Euro, US trouble, says Key](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Surplus still on if Asia stays clear of Euro, US trouble, says Key
Prime Minister John Key thinks the government will be able to stick to its surplus and debt tracks if Asian economies stay "de-coupled" from the economic turmoil in Europe and the United States.
![NZ dollar falls as global doubts linger](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar falls as global doubts linger
The New Zealand dollar has fallen again overnight, recently trading at 77.53 US cents, down from 78.48 cents on Friday, and fell to 69.12 on the trade-weighted index of major trading partners' currencies from 69.71.