NZ dollar slips against euro as German business confidence lifts

Sun, 24 Nov 2013

By Tina Morrison Nov 25 (BusinessDesk) – The New Zealand dollar slipped against the euro, touching its lowest this month, after a report on Friday showing better than expected German business sentiment increased optimism about Europe’s largest economy. The kiwi dropped to 60.07 euro cents over the weekend, its lowest level since Oct. 31. It was at 60.37 euro cents at 8am in Wellington, from 60.97 cents on Friday. The local currency slid to 81.83 US cents from 81.93 cents at the New York close and 82.12 cents in Wellington on Friday. The eur...

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