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.
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Budget 25
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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