NZ dollar touches fresh lows on concern about Greece after voters reject bailout plan

Sun, 05 Jul 2015

By Tina Morrison July 6 (BusinessDesk) - The New Zealand dollar fell to a fresh five-year low as investors exited riskier assets in favour of safe havens after Greeks look to have rejected austerity measures that would give them access to bailout money. The kiwi touched 66.40 US cents, and was trading at 66.58 cents at 8am in Wellington, from 66.93 cents at the New York close and 67.23 cents in Wellington on Friday. The trade-weighted index slid to 70.25 from 70.61 on Friday. The euro dropped after initial results showed Greeks voted o...

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