NZ Dollar Outlook Kiwi may fall on Spanish, Greek bailouts

Sun, 23 Sep 2012

By Hannah Lynch Sept. 24 (BusinessDesk) - The New Zealand dollar may fall this week amid speculation Spain will ask for a full bailout, 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 recently traded at 82.78 US cents little changed from 82.88 cents at 8pm in Wellington. That's at the lower end of this week's forecasted trading range of 81.80 US cents to 84.30 cents. Four analysts surveyed predict the kiwi will finish the week lower, one refused to...

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