NZ dollar may fall amid speculation Spain, Greece will tap bailout fund

Sun, 23 Sep 2012

By Hannah Lynch Sept. 24 (BusinessDesk) - The New Zealand dollar may fall amid speculation Spain will ask for a full bailout this week, while debt-stricken Greece is still to reach an agreement with its regional lenders to get its next tranche of funds. The New Zealand dollar traded at 82.88 US cents just before 8am little changed from 82.78 cents at the close of trading in New York on Friday. The trade weighted index declined to 73.21 from 73.48 last week. Investors' fears about the pace of global growth have reemerged amid growing specul...

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