[Billy]

Now sitting at almost $2.69, from a low of $2.62 earlier in the week. The word is investors are starting to ditch the Kiwi, due in part to the Reserve Bank stating that the latest 0.25 pc interest rate rise will probably be the last (strangely though, competition has broken out between mortgage lenders and some rates have been reduced!).

It is also believed that the Aussie $ is on the rise, therefore attracting all the currency traders who have been profiteering off the kiwi for the last few months.

All good news.....

Cheers
Billy