NZ dollar falls to 1mth low after US jobs jump

Sun, 07 Oct 2012

By Hannah Lynch Oct. 8 (BusinessDesk) - The New Zealand dollar fell to a one month low against the greenback after better-than-expected US employment data stoked bets growth in the world’s biggest economy is building momentum. The New Zealand dollar fell to 81.60 US cents, the lowest since Sept. 10 at 8am, from 81.76 cents at the close of trading in New York and 82.41 cents at 5pm on Friday. The trade weighted index was little changed on 72.93 from 72.89. Friday's US unemployment rate was significantly better than expected, helping boost e...

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