NZ dlr leaps, debt sold as cenbank signals rate rises

  * Kiwi settles around & #36;0.7220, having hit a high of & #36;0.7235, as the Reserve Bank of New Zealand says it could start raising rates from middle of 2010 and also brings forward its forecast for a rise in the 90 day bank bill price NZ90DBB=RNZL. See [ID:nSYD520302] for a full story on the central bank and [ID:nWEL003906] for the text of the bank's comments.  

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