Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar falls as doubts about pace of global growth saps risk appetite
The New Zealand dollar fell against most of its trading peers amid concern the US and Chinese economies may be stumbling, weighing on growth assets such as equities, the kiwi and Australian dollars. The New Zealand dollar fell to 83.89 US cents from 84.19 cents in late New York trading on Friday. The trade-weighted index slipped to 77.65 from 77.91. …
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