NZ dollar falls vs. greenback, euro on growth concerns

Sun, 12 Aug 2012

By Hannah Lynch Aug. 13 (BusinessDesk) - The New Zealand dollar fell against the greenback and the euro as signs of slowing global growth added to concern that Europe's debt crisis is worsening, damping risk appetite. The New Zealand dollar fell to 81.13 US cents at 8am from 81.31 cents at the close of trading in New York on Friday. The kiwi declined to 66 euro cents from 66.18 cents. The trade weighted index decreased to 72.99 from 73.11. Figures on Friday showed China's exports grew a lower-than-expected 1 percent in July and economists...

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