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Newsflash: Kiwi Dollar Falls 1.2c
The New Zealand dollar has fallen 1.2 cents against the American dollar since yesterday and was buying 40.53 US cents at 11:15 this morning. New GDP figures, showing economic activity decreased in the June quarter by 0.7 per cent, followed Denmark’s vote against joining European Monetary Union to bring the value of the dollar down. Yesterday the Kiwi was trading as high as 41.7 US Cents.
Links to dollar in motion: - (Yahoo!- USD
CROSS - Stuff - LIVE
CHART USD - LIVE
CHART TWI - LIVE CHART US &
AUD)
Alastair Thompson
Scoop Publisher
Alastair Thompson is the co-founder of Scoop. He is of Scottish and Irish extraction and from Wellington, New Zealand. Alastair has 24 years experience in the media, at the Dominion, National Business Review, North & South magazine, Straight Furrow newspaper and online since 1997. He is the winner of several journalism awards for business and investigative work.
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