NZ dollar falls as concerns over China push down commodity prices, VW weighs on euro

Tue, 22 Sep 2015

By Paul McBeth Sept. 23 (BusinessDesk) - The New Zealand dollar fell, following commodity prices lower, as investors remained nervous about weakness in the Chinese economy ahead of a manufacturing gauge released today. The kiwi declined to 62.88 US cents at 8am in Wellington from 63.14 cents yesterday. The trade-weighted index edged lower to 68.36 from 68.43 yesterday. The Thomson Reuters/Core Commodity CRB Index, a measure of 19 commodity prices, fell 1 percent to 194.8 as investors weigh up the strength of China's economy, which has...

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