NZ dollar holds above 79 US cts as G20 leaders urge Europe to contain debt crisis

Mon, 18 Jun 2012

By Hannah Lynch June 19 (BusinessDesk) - The New Zealand dollar held above 79 US cents as leaders from the Group of 20 nations increased pressure on European Union policy makers to stamp out the region's debt crisis threatening global growth. The New Zealand dollar was little changed at 79.20 US cents just before 8am from 79.29 cents at 5pm yesterday. The trade weighted index increased to 71.62 from 71.47. G20 leaders meeting in a summit in Mexico are leaning on German Chancellor Angela Merkel to give Greece's incoming government more leewa...

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