NZ dollar edges lower, may decline further as investors shun risk

Sun, 15 Nov 2015

By Tina Morrison Nov. 16 (BusinessDesk) - The New Zealand dollar edged lower and may decline further as investors eschew riskier assets following the terrorist attacks in Paris at the weekend. The kiwi slipped to 65.21 US cents at 8am in Wellington, from 65.44 cents at the New York close and 65.42 cents at 5pm on Friday. The trade-weighted index was at 71.22 from 71.26 on Friday. Attacks by Islamist militants across Paris on Friday night, which killed 129 people and injured 352, may prompt a short-term reaction from investors to reduce...

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