NZ dollar falls to month low vs euro as Merkel forms coalition, Italian poll awaited

Sun, 04 Mar 2018

By Jonathan Underhill March 5 (BusinessDesk) - The New Zealand dollar fell to its lowest level against the euro in about a month after German Chancellor Angela Merkel announced a coalition between her conservative party and the Social Democrats, ending months of talks, while the market awaits the outcome of Italy's elections The kiwi traded at 58.67 euro cents as at 8am in Wellington and touched 58.53 cents this morning, the lowest since Feb. 8, from 58.66 cents in New York and 59.20 cents in Asia at the end of last week. The kiwi dollar...

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