NZ dollar falls, NZX suspends trading after 6.2 magnitude Wellington earthquake

Fri, 16 Aug 2013

Aug. 16 (BusinessDesk) - The New Zealand dollar dropped almost half a US cent and the NZX suspended trading after a 6.2 magnitude earthquake rocked Wellington, almost a month after the capital city was locked down by a 6.9 magnitude quake. The kiwi fell to 80.57 US cents at 2.45pm in Wellington from 80.98 cents and the trade-weighted index was 75.70 from 76.04. The two-year swap rate fell 6 basis points to 3.445. The Wellington-based stock exchange operator halted trading in all markets as a result of the quake, leaving the benchmark NZX 5...

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