Kiwi and Aussie hit 1-month low

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
New Zealand and Australian dollars have hit 1-month record lows against US peer on distress worldwide economy will decelerate as Europe struggle to solve region's debt turmoil. Kiwi attained $0.7618, the lowest since October 5 while Aussie reached $1.0022, the least since October 12.  According to Gavin Stacey Barclays Plc, chief interest-rate strategist, both currencies could slide even further in short-term.
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Thu, 17 Nov 2011 08:23:36 GMT

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