NZ dollar surges to record vs. Russian ruble amid escalating Ukraine tensions

Mon, 03 Mar 2014

By Tina Morrison March 4 (BusinessDesk) – The New Zealand dollar touched a record high against the Russian ruble amid escalating tensions over control of the Ukraine. The kiwi touched a high of 30.65 rubles overnight, and was trading at 30.56 rubles at 8am in Wellington, from 30.14 roubles at 5pm yesterday. The local currency edged up to 83.65 US cents from 83.53 cents yesterday. The Russian currency plunged to record lows against the US dollar and the euro after Ukraine said Russia was building up troops along the border following Russian...

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