NZ dollar falls as greenback recovers with weakening Irma, quiet North Koreans

Mon, 11 Sep 2017

By Jonathan Underhill Sept. 11 (BusinessDesk) - The New Zealand dollar fell as fears around the US dollar eased with the weakening strength of Hurricane Irma, the lack of further weapons testing by North Korea and less demand for safe havens such as the yen and gold. The kiwi traded at 72.45 US cents as at 5pm in Wellington from 72.66 US cents on Friday in New York and down from 73.21 cents in Wellington at the end of last week. The trade-weighted index fell to 75.17 from 75.59 in New York. Power was cut to more than one million people...

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