NZ dollar falls as Clinton victory hopes bolster greenback; dairy prices decline

Tue, 04 Oct 2016

By Paul McBeth Oct. 5 (BusinessDesk) - The New Zealand dollar fell as US presidential election polling showed Hilary Clinton taking the lead, boosting demand for the greenback on optimism the Democrat candidate would be better for the powerhouse global economy. The kiwi dropped to 72.07 US cents at 8am in Wellington from 72.86 cents yesterday. The trade-weighted index declined to 76.83 from 77.43. Clinton pulled out into the lead in the US presidential election with the CNN/ORC poll giving her a five point advantage over rival Donald...

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