NZ dollar falls as G7 leaders give no official guidance on Spain, Greece

Tue, 05 Jun 2012

By Hannah Lynch June 6 (BusinessDesk) - The New Zealand dollar fell after the leaders of the Group of Seven nations agreed to a coordinated response to Europe’s deteriorating financial crisis, though gave no guidance on how to do so, leaving investors wary of a potential rescue. The New Zealand dollar fell to 75.59 US cents at 8am from 75.82 cents yesterday at 5pm. The trade weighted index was unchanged at 69.15. G7 leaders agreed to help Spain and Greece sort out their public finances following an emergency conference call on Tuesday, tho...

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