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NZ$ on the way back up, so NZT rising     16-Dec-08 01:11 pm    
We have bounced off the low of .5267 US$/NZ$ in mid-Nov and have been trending up since through todays .5659. I expect the feds i rate announcement today to give another 5% boost.

This means we may have a rise in NZT's price as long as the NZ stock price stays stable (and it may even rise overnight)

Fair value for NZT at that point would be $7.23 so we could have a run from $6.79 into the close today (after the 2:15PM EST announcement)
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northbest

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NZ$ on the way back up, so NZT rising
northbest Not rated 16-Dec-08 01:11 pm  
 
Re: NZ$ on the way back up, so NZT rising
Strong New Zealand Dollar: ...
Rohas222 Rate it 22-May-09 12:18 pm  
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Telecom Corp. of New Zealand Ltd. (NZT)

Chart for Telecom Corp. of New Zealand Ltd. (NZT)
On Dec 24: 8.87 0.00 (0.00%)
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