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Bollard Jawboning NZD

Bollard Jawboning NZD

Central Banks
Adam Button
21/09/2011 | 13:33 GMT

RBNZ leader Bollard saying NZD is overvalued but also that rates will need to go up over time. Bearish and bullish at the same time. NZD/USD unmoved at 0.8191 but still close to session lows.

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