NZ dollar falls as European finance ministers put off Greek bailout decision

Wed, 21 Nov 2012

By Paul McBeth Nov. 21 (BusinessDesk) - The New Zealand dollar fell after European finance ministers failed to reach agreement on the next cash top-up for heavily indebted Greece, spooking investors who were optimistic an accord would be reached. The kiwi fell to 81.30 US cents at 5pm in Wellington from 81.56 cents at 8am and down from 81.86 cents yesterday. The trade-weighted index fell to 73.19 from 73.44 yesterday. European finance chiefs left a meeting lasting more than 10 hours in Brussels without settling on an agreed way for Greece...

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