Tue, 12 Aug 2014 08:43:09 GMT
Kiwi drops to two-month low against the Dollar
As the demand for safe-haven and low-risk currencies eases, a process related to diminishing geopolitical worries, the New Zealand Dollar slipped to its minimal level in two months against the Greenback. The pair dropped to 0.8409, its lowest value since June 4, and proceeded to consolidate at 0.8422. The Kiwi also lost against its Australian counterpart, falling by 0.35% to