NZ dollar lifts back above 81 US cents after sliding on dwindling risk appetite

Thu, 15 Nov 2012

Nov. 15 (BusinessDesk) - The New Zealand dollar traded back up above 81 US cents after falling overnight amid concern about the US fiscal cliff and a flare up in tensions between Israel and the Palestinians. The kiwi dollar traded at 81.22 US cents, little changed from the start of the day, and up from as low as 80.86 cents overnight. The trade-weighted index was at 72.75 from 72.77. US President Barack Obama is trying to build support for a way through the so-called fiscal cliff ahead of a Nov. 16 meeting with congressional leaders. If Cong...

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