NZ dollar gains vs euro as Spanish concerns resurface, current account looms

Tue, 18 Sep 2012

Sept. 19 (BusinessDesk) - The New Zealand dollar rose against the euro as traders speculated on Spain’s willingness to seek financial aid and ahead of current account figures for the second quarter that are expected to show a widening deficit. The kiwi dollar rose to 63.39 euro cents from 63.16 cents at 5pm in Wellington yesterday. The local currency traded at 82.67 US cents, down from 82.79 cents. Spain’s Deputy Prime Minister Soraya Saenz de Santamaria said his government will consider seeking a bailout if the conditions are acceptable, si...

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