Fresh euro woes drag on kiwi

Athens : Greece | Jul 24, 2012 at 1:36 PM PDT

Source: New Zealand Infotech Weekly

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The New Zealand dollar was unable to sustain the momentum from improved Chinese factory activity data overnight, posting sharp declines against the greenback as investors dumped the euro in favour of safe haven currencies. The kiwi recently traded at US78.49 cents, down from US79.20c at 5pm yesterday,... FULL ARTICLE AT New Zealand Infotech Weekly

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