US moves boost NZ stocks, dollar

August 10, 2011
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New Zealand shares snapped their steepest plunge since late 2008 and the kiwi dollar advanced after the US Federal Reserve vowed to keep interest rates near zero for two years to support the world’s biggest economy.

The benchmark NZX 50 climbed 3.3 per cent to 3200.32 on turnover of almost $69 mi…
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Published: Wed, 10 Aug 2011 12:49

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