Economic weather report: July looms as Uridashi Tsunami month
19th May 09, 3:42pm
by
Bernard Hickey gives an Economic Weather Report in association with ASB, including a warning that July looks like a tough month for the New Zealand dollar. Well over NZ$4 billion worth of Uridashi bonds will mature in July and are unlikely to be rolled over by Japaneses investors seeking higher returns.
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