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Debit wobbles are back, so Kiwi dollar hit again

May 17, 2018
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WELLINGTON: The New Zealand dollar lost another cent yesterdayagainst the US dollar, losing US3.5c, or 5 per cent, since Mondayas credit worries re-emerged around the world. (Sydney Morning Herald — 30 August, 2007)
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Asian stocks looked set for their biggest daily fall in nearly two weeks on Wednesday, snapping a recent rebound as investors shunned riskier assets on renewed fears about the health of the U.S. economy. (CNN — 29 August, 2007)
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Investors sold risky assets Wednesday on renewed fears about the health of the U.S. economy, Asia’s top export market, hammering regional stocks and fueling gains in the yen and safe-haven government bonds. (CNN — 29 August, 2007)
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Asia Pacific stocks opened stronger on Monday, taking their cue from a Wall Street rally triggered by surprisingly strong economic data, while the yen weakened against the dollar. (CNN — 27 August, 2007)
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Asian markets dropped Wednesday following a plunge on Wall Street amid simmering concerns over global credit market turmoil and fears the U.S. Federal Reserve won’t do enough to ease a credit crunch. European markets, meanwhile, were mixed in early trade. (MSNBC — 30 August, 2007)
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Most Asian stocks rallied Thursday, with market sentiment buoyed in large part by gains Wall Street posted overnight on optimism about a possible U.S. interest rate cut. (CNN — 30 August, 2007)
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