NZ dollar rises as traders ponder outcome of EU summit

Thu, 28 Jun 2012

By Hannah Lynch June 28 (BusinessDesk) - The New Zealand rose against the greenback as traders pondered the possible outcomes from the two-day meeting of European leaders in Brussels which will attempt to address the region's debt crisis. . The New Zealand dollar rose to 79.49 US cents at 5pm from 78.97 cents at 5pm yesterday. The trade weighted index climbed to 72.05 from 71.67. EU leaders will discuss a plan for economic integration in the region. The blueprint, written by EU President Herman Van Rompuy, focuses on common banking super...

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