Kiwi dollar moves off lows, back above 83USc
The New Zealand currency has found some renewed strength, taking back some of the heavy fall seen yesterday.
The New Zealand currency has found some renewed strength, taking back some of the heavy fall seen yesterday.
Having fallen to a low of 79.69USc (Reuters) yesterday, the kiwi currency found renewed buying interest and moved back up to 83.35USc (Reuters).
Renewed concerns about global economic growth, S&P's US credit downgrade and ongoing eurozone fears saw investors move out of high-yield and growth-linked currencies like the kiwi.
NBR staff
Wed, 10 Aug 2011
Wed, 10 Aug 2011
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Kiwi dollar moves off lows, back above 83USc
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