fitch and s&p cut new zealand's credit rating. $nz under pressure. ozzie - nz dollar cross weaker. not nice for those on kiwi pensions living in oz. pound sterling benefiting from risk withdrawal. £-A$ testing aug lows.
be good,
40.
http://www.bloomberg.com/news/2011-09-29/new-zealand-dollar-slumps-after-fitch-cuts-credit-rating-aussie-weakens.html