BLBG:N.Z. Dollar Erases Fall Versus Dollar; Australian Currency Keeps Declines
The New Zealand dollar erased its earlier losses versus the U.S. currency and the Australian dollar maintained declines amid a decline in Asian stocks.
The so-called kiwi traded at 82.23 U.S. cents at 12:50 p.m. in Sydney from 82.14 cents yesterday in New York after earlier falling as low as 81.77 cents. The Australian dollar dropped to $1.0365 from $1.0391.
To contact the reporter on this story: Kristine Aquino in Singapore at kaquino1@bloomberg.net
To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net
