NZ dollar extends slide vs. Aussie as iron ore rebound lifts sentiment

Tue, 28 Apr 2015

By Jonathan Underhill April 28 (BusinessDesk) - The New Zealand dollar extended its slide against the Australian dollar, which has been helped by a recovery in the price of iron ore, Australia's biggest export commodity, to almost US$60 a tonne. The New Zealand dollar fell to 96.79 Australian cents from 97.35 cents yesterday. It traded at 76.19 US cents from 76.12 cents late yesterday. The kiwi initially fell against its Australian counterpart after a wire agency wrongly attributed to Reserve Bank of Australia governor Glenn Stevens co...

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