NZ dollar rises against weaker greenback; touches fresh record vs. euro

Wed, 15 Apr 2015

By Tina Morrison April 16 (BusinessDesk) - The New Zealand dollar rose to a 10-day high as a weaker greenback overshadowed the negative impact of falling dairy prices and softer Chinese data. The kiwi touched a record high against the euro after European Central Bank president Mario Draghi scotched speculation stronger data might curtail the bank's money printing programme. The kiwi touched 76.15 US cents and was trading at 75.89 cents at 8am in Wellington, from 75.20 cents at 5pm yesterday. It reached a record 71.25 euro cents and was tr...

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