Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar falls as risk appetite dims, greenback advances
The New Zealand dollar fell as Italy’s political impasses and the start of spending cuts in the US sapped risk appetite and drove up demand for the greenback. The kiwi fell to 82.28 US cents from 82.42 cents in New York on Friday. The trade-weighted index slipped to 75.71 from 75.85. The White House and the Congress were unable to …
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