News Column

NZ Dollar Slides To 1-1/2-month Low Against US Dollar

July 27, 2014

WELLINGTON (Alliance News) - The New Zealand dollar drifted lower against the US dollar in Asian deals on Monday.

The kiwi slipped to 0.8537 against the greenback, its lowest since June 12. If the kiwi continues slide, 0.84 is seen as its next possible downside target level. The pair closed Friday's trading at 0.8544.

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Source: Alliance News

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