NZ dlr retreats on recession fears, risk aversion
WELLINGTON, Oct 24 (Reuters) - The New Zealand dollar<NZD=> gave up gains on Friday and retreated as investor focusreturned to a looming global recession and renewed stock marketweakness. The kiwi fell back around a cent to just above two-weeklows, as the U.S. dollar rose against the euro and a basket ofcurrencies amid increased risk aversion and investors pullingcash out of emerging markets....
10/24/2008 5:49:08 AM
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