RESEND NZ dollar falls vs. greenback, euro as Spanish bailout remains in focus

Mon, 08 Oct 2012

By Hannah Lynch Oct. 9 (BusinessDesk) - The New Zealand dollar fell against the greenback and the euro as European finance ministers prepare to meet in Luxembourg amid speculation Spain is struggling to avoid a bailout request. The New Zealand dollar fell to 82.02 US cents at 8am in Wellington from 81.77 cents at 5pm yesterday. The kiwi declined to 63.28 euro cents from 62.94 cents. The trade weighted index decreased to 73.24 from 73.06. Eurozone finance ministers declared the 500 billion European Stability Mechanism fund operational ahead...

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