Kiwi falls on profit taking after reaching 2 ½ year high

The New Zealand's currency notably declined on Thursday trading session following a week of gains and as it traded close to the highest level in two-and-a-half year as, the drop was caused by profit taking on Wednesday. The so-called Kiwi slipped from $0.8702 recorded on Wednesday session to $0.8543 today as the Reserve Bank of New Zealand is forecast to maintain the current monetary policy.