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The Kiwi dollar may continue to fall over coming weeks, as the ramifications of yesterday’s farmgate milk price forecast announcement by Fonterra [NZX: FCG] are better understood.
The lower forecast could remove over $4 billion from the economy over the coming year, economists say.
Fonterra
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Jamie Ball
Wed, 30 Jul 2014
Wed, 30 Jul 2014
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Dollar tipped to fall further as milk price plunge snowballs
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