NZ dollar falls vs. euro after Greeks get sweeter deal on bail-out

Tue, 27 Nov 2012

Nov. 27 (BusinessDesk) - The New Zealand dollar fell versus the euro after Europe's finance chiefs gave Greece easier terms for its 130 billion euro bail-out in a bid to shore up the region's mounting sovereign debt problems. The kiwi traded at 82.25 US cents at 5pm in Wellington from 82.14 cents at 8.30am and 82.40 cents yesterday. The currency fell to 63.36 euro cents from 63.57 cents yesterday. The euro rose as much as 0.3 percent and recently traded at US$1.2982 after European finance ministers finally reached accord over how to grant...

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