Thu, 13 Sep 2012 08:41:49 GMT
New Zealand keeps its interest rate unchanged
New Zealand kept unchanged it record-low interest rates and signalled the rates might endure through mid-2013 to spur the economy undermined by a global slowdown. The New Zealand Dollar bought 82.01 U.S. cents from 82.07 cents immediately before the announcement. The Kiwi has appreciated 5.6% this year versus the U.S. counterpart, the best performance among G10 currencies.