NZ dollar declines after Belgium terrorist attacks prompt flight to safety

Tue, 22 Mar 2016

By Tina Morrison March 23 (BusinessDesk) - The New Zealand dollar fell after terrorist attacks in Brussels prompted investors to seek so-called safe haven assets such as bonds and gold and eschew higher risk bets such as the kiwi. The local currency dropped to 67.38 US cents at 8am in Wellington, from 67.68 cents at 5pm yesterday. The trade-weighted index slid to 71.56 from 71.85 yesterday. Terrorist bombings in Brussels, the official seat of the European Parliament and the unofficial capital of the European Union, killed at least 34 p...

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