NZD rises as US trade deficit widens; Singapore holds fire
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NZD rises as US trade deficit widens; Singapore holds fire

Singapore : Singapore | Oct 12, 2012 at 12:34 AM PDT
Source: Scoop
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The New Zealand dollar rose after Singapore unexpectedly refrained from monetary stimulus and the US trade deficit in August widened as slower global growth reduced demand for exports. The New Zealand dollar traded at 81.92 US cents at 5pm, up from 81.78 cents at 8am and 81.80 cents yesterday. FULL ARTICLE AT Scoop
 
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