BLBG:Australian, New Zealand Dollars Depreciate, Paring Yesterday’s Advances
The Australian dollar fell, after rising yesterday by the most since April 20, while New Zealand’s currency also weakened.
The Australian dollar declined to $1.0318 as of 10:13 a.m. in Sydney from $1.0355 yesterday in New York, when it jumped 1.7 percent. The New Zealand dollar dropped 0.5 percent to 83.34 U.S. cents, after climbing 2 percent yesterday.
To contact the reporter on this story: Garfield Reynolds in Sydney at greynolds1@bloomberg.net
To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net
