NZ dollar gains against euro as Italy's deepening crisis takes its toll

Wed, 30 May 2018

By Rebecca Howard May 30 (BusinessDesk) - The New Zealand dollar gained against the euro and was treading water against the greenback as investors remained jittery in the face of Italy's deepening political crisis. The kiwi traded at 59.86 euro cents as at 5pm in Wellington from 59.76 euro cents as at 8am and 59.60 cents late yesterday. It traded at 69.10 US cents from 68.99 US cents as at 8am in and 69.33 cents late yesterday. The euro remained under pressure in Asian trading as markets begin to factor in new elections in Italy. Re...

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