Sep
12
The New Zealand dollar ( NZD ) has seen some losses over the last year, due in part to a high interest rate and in the initial months of 2006, fell quite dramatically. However, it seems to be stabilising, and may, optimistically, rise over the next year or so.
Meanwhile, the Australian dollar, buoyed by a strong economy and exports, seems to be doing well, on a bullish run, and is a good bet for foreign investment.
Comments
Leave a Reply
You must be logged in to post a comment.