NZ dollar gains vs. euro on Europe concerns, falls vs. Australian dollar

Mon, 04 Feb 2013

Feb. 5 (BusinessDesk) – The New Zealand dollar rose against the euro as European political reports renewed concerns about the region’s debt crisis and pushed the common currency down from a two-year high against the greenback. The New Zealand dollar rose to 62.49 euro cents from 62.03 cents at 5pm in Wellington yesterday. It traded at 84.46 US cents from 84.55 cents. The euro weakened after a media report that Spanish Prime Minister Mariano Rajoy accepted illegal cash payments prompting calls for his resignation, while an Italian poll showed...

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