Mon, 13 Aug 2012 08:10:24 GMT
NZD/USD drops on global growth concerns
On Monday, the Kiwi declined versus the U.S. Dollar as risk sentiment decreased on growing worries over global economic slowdown amid Japan's diminishing GDP. NZD/USD touched 0.8099, and traded at 0.8105, falling 0.33%. Elsewhere, the New Zealand Dollar was steady, gaining 0.05% to 1.3013 versus the Aussie.