NZ dollar falls as Greek deal stokes greenback demand

Tue, 14 Jul 2015

By Paul McBeth July 14 (BusinessDesk) - The New Zealand dollar fell as the prospect of Greece reaching a deal with its creditors soothed investors' concerns about global markets, stoking demand for the greenback. The kiwi dropped to 66.73 US cents at 5pm in Wellington from 66.93 cents at 8am, and 67.31 cents yesterday. The trade-weighted index declined to 70.68 from 71.05 yesterday. Stocks across Asia rallied on after an agreement between Greece and Europe's leaders will be taken back to the Mediterranean nation's parliament to ratify...

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