NZ Dollar Plummets Further Against Major Rivals
May 17 2010 - 11:29AM
RTTF2
The New Zealand dollar extended its previous session downward
trading against major opponents during New York mid-day deals on
Monday. The kiwi dropped to new multi-month low against the US
dollar.
The kiwi declined further against the US dollar in today's New
York mid-day deals and fell to a new multi-month low of 0.6920 as
of 12:05 pm ET. The pair closed last week's New York session at
0.7071.
The kiwi, which closed Friday's New York session at 1.2556
against the Australian dollar, slipped to a new multi-day low of
1.2617 by about 11:25 am ET. Presently, the pair is worth
1.2575.
Against the euro, the NZ currency also plunged further in
today's mid-morning session and as of now, trading near a 6-day low
of 1.7790. The pair closed Friday's New York deals at 1.7500.
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