NZ dollar pares some losses against euro on profit taking

Mon, 28 Aug 2017

By Rebecca Howard Aug. 28 (BusinessDesk) - The New Zealand dollar clawed back some of its losses against the euro, likely on some profit taking after it touched a 15-month low in early trading. The kiwi dollar traded at 60.70 euro cents as at 5pm from 60.51 euro cents as at 8am in Wellington, having touched 60.43 cents this morning, the lowest since May last year. It was at 60.67 cents in New York on Friday. The local currency traded at 72.38 US cents unchanged from New York and up from 72.03 cents in Wellington on Friday, helped by US do...

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