New Zealand ETF Down Slightly After RBNZ Intervention News
May 08, 2013 at 11:44 AM EDT
The iShares MSCI New Zealand Capped Investable Market Index Fund (NYSE: ENZL ), the lone ETF devoted exclusively to New Zealand, is trading modestly lower Wednesday after Reserve Bank of New Zealand Governor Graeme Wheeler confirmed the central bank has been intervening in the foreign exchange market. Wheeler made the