CH:New Zealand dollar falls against major currencies
The New Zealand dollar has fallen against the world's major currencies.
Risk aversion reigned with investors worried about slow global growth and debt loads in the United States and Europe.
Early this morning, the NZ dollar was buying US86.67c. The Kiwi was also down to 0.6099 Euro.
The Kiwi was little changed against the Australian dollar. It rose slightly against the Aussie yesterday afternoon, following the Reserve Bank of Australia's decision to hold its interest rate steady at 4.75% percent.
