NZ dollar holds near 7-week high euro leaders agree to growth plan

Sun, 24 Jun 2012

By Hannah Lynch June 25 (BusinessDesk) - The New Zealand dollar held near a seven week high as European leaders agreed to increase their efforts to boost the region's growth, even as German Chancellor Angela Merkel resists calls for euro-zone bonds. The New Zealand dollar was little changed on 78.90 US cents just before 8am from 78.95 cents at the close of trading in New York on Friday. The trade weighted index was largely unchanged on 71.80 from 71.75. At a summit in Rome over the weekend, Merkel, Italian Prime Minister Mario Monti, Frenc...

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