NZ dollar falls on North Korean missile, spread of Mycoplasma bovis

Tue, 29 Aug 2017

By Rebecca Howard Aug. 29 (BusinessDesk) - The New Zealand dollar fell against the yen after North Korea fired a ballistic missile over Japan’s northern island of Hokkaido, sapping risk appetitie. News that a cattle disease had been detected on another three properties also weighed on the currency. The kiwi was at 78.58 yen as at 5pm in Wellington versus 79.24 yen at 8 am and from 78.96 yen late yesterday. The yen - widely considered a safe haven - jumped to a four-month high against the US dollar in Asian trading. The kiwi was at 72.25...

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