(Bloomberg) -- The New Zealand dollar fell from its
highest in 22 years after a government report showed the economy
expanded 1 percent in the first quarter, matching economists'
expectations.
The currency bought 76.95 U.S. cents at 10:49 a.m. in
Wellington, from 77.13 cents, the highest since its was allowed
to trade freely in March 1985, immediately before the report's
release. It was at 76.91 in late Asian trading yesterday.
Read more at Bloomberg Currencies News
highest in 22 years after a government report showed the economy
expanded 1 percent in the first quarter, matching economists'
expectations.
The currency bought 76.95 U.S. cents at 10:49 a.m. in
Wellington, from 77.13 cents, the highest since its was allowed
to trade freely in March 1985, immediately before the report's
release. It was at 76.91 in late Asian trading yesterday.
Read more at Bloomberg Currencies News
No comments:
Post a Comment