RESEND: NZ dollar rises to 13-month high vs. Euro, TWI at fresh record

Thu, 10 Jul 2014

(Fixes garble in headline) By Tina Morrison July 11 (BusinessDesk) - The New Zealand dollar touched a 13-month high against the euro overnight as traders favour investing in a country with a more buoyant economy than Europe. The kiwi reached 64.93 euro cents, its highest since June 2013, and was trading at 64.83 cents at 8am in Wellington from 64.64 cents at 5pm yesterday. The local currency was little changed at 88.21 US cents from 88.20 cents yesterday, just shy of its post-float high of 88.40 cents.The trade-weighted index touched a...

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