NZ dollar falls as Asian investors sell risk-related assets

NZ dollar falls as Asian investors sell risk-related assets
Jenny Ruth
The New Zealand dollar fell when Asian markets opened and investors started selling gold, silver, riskier currencies such as the kiwi and Aussie dollars and crypto-currencies. The kiwi was trading at 66.58 US cents at 5pm in Wellington, down from the day's high at 67.02 cents and 66.74 cents at the same time yesterday. The trade-weighted index was at 72.55 from 72.76. "All of a sudden in the Asian session we've seen everything get dragged down," said Tim Kelleher, head of foreign exchange sales at Commonwealth Bank of Australia. "It sc...

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