Financial Times FT.com

NZ dollar hits 10-week high

By Peter Garnham

Published: March 26 2009 12:01 | Last updated: March 26 2009 22:25

The New Zealand dollar climbed on Thursday as improving risk appetite boosted the appeal of higher-yielding currencies.

Analysts said the continued rally in commodity prices, resilient US equity prices and falling asset price volatility would remain the driving force behind the strength of the New Zealand and Australian dollars.

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