New Zealand dollar near three-week low

Posted by 7Star Sunday, January 24, 2010

The New Zealand dollar held near three-week lows on Friday as falling stocks and plans to limit risk taking at US banks dented risk appetite. The kiwi was around $0.7120/25 having dipped below $0.7100, its lowest since late December, and compared with around $0.7205/13 in late trade on Thursday.

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