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Monday, September 17, 2007

New Zealand Dollar Rebounds Versus Yen

(RTTNews) - Against the Japanese yen, the New Zealand dollar edged down in the early Asian deals on Tuesday. The pair hit a low of 80.42 by about 9:35 pm ET, compared to yesterday's close of 81.38. Since then, the kiwi has been moving higher against the yen and was quoted at 80.94 as of 10:45 pm. If the pair strengthens further 81.68 can likely be the next target level.

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