NZ dollar falls with Asia-Pacific equities on doubts Fed minutes will signal QE3

Wed, 22 Aug 2012

By Paul McBeth Aug. 22 (BusinessDesk) - The New Zealand dollar fell in the local trading session as stocks across Asia declined amid speculation the Federal Open Market Committee’s latest meeting minutes won’t talk up the prospects of more asset purchases. The kiwi fell to 80.84 US cents at 5pm in Wellington from 81.04 cents at 8am and 81.06 cents yesterday. The trade-weighted index declined to 72.73 from 73.06. Equity markets across Asia-Pacific followed Wall Street lower, with Japan's Nikkei 225 index down 0.3 percent, Hong Kong's Hang Se...

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