NZ dollar falls vs euro as signs of resurgent German economy lift common currency

Sun, 26 Nov 2017

By Jonathan Underhill Nov. 27 (BusinessDesk) - The New Zealand dollar fell to the lowest in more than a week versus the euro on evidence Germany's economy is rebounding while that country makes progress on forming a coalition government. The kiwi fell to 57.58 euro cents as at 8:30am in Wellington from 57.66 cents on Friday in Europe and from 58.03 cents in Asia at the end of last week. It was little changed at 68.75 US cents from 68.64 cents. The trade-weighted index was at 72.50 from 72.47. The US dollar index weakened into the end o...

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