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Finally the OCR (Official Cash Rate) in New Zealand has been dropped to 8.0%. As an exporter we have been doing it tough for years now and maybe this is the relief we need. http://www.rbnz.govt.nz/news/2008/3376920.html I used to joke, in a black humour kind of way, that what exporters needed was a "mad cow" to take the edge off the economy. Nothing else seemed like it would work ... Then with some sadness I realized we already had one, but she was running the country, time would not be on her side forever ... Unfortunately our relief comes only because the economy overall seems to be screwed. Forex data from : http://www.dukascopy.com/ via the Forex Charts Widget
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