Wed, 05 Jun 2013 07:16:04 GMT
Australian Dollar depreciates against New Zealand Dollar
The Aussie fell for a second day in a row versus the kiwi after Australia's growth slowed to the lowest level in almost 24 months, boosting the Reserve Bank borrowing cost cut expectations. The Australia's currency slipped 0.5% to NZ$1.1983 at 3:02 p.m. Sydney time, while it lost 0.1% to 96.42 U.S. cents. The New Zealand's Dollar appreciated 0.3% to