NZ dollar rises to record vs. euro as Greece, ECB weigh

Fri, 10 Apr 2015

By Jonathan Underhill April 10 (BusinessDesk) - The New Zealand dollar rose to a record against the euro as Greece's looming debt payments, subdued economic data and quantitative easing by the European Central Bank weakened the common currency. The kiwi rose as high as 71.15 euro cents and traded at 70.89 cents at 5pm in Wellington from 70.10 cents late yesterday. It rose to 75.70 US cents from 75.51 cents. The euro sank to US$1.0636, the first time below US$1.07 since March 20, having broken through a key support level of US$1.0710,...

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