The New Zealand dollar has fallen, with investors' nerves on edge after a meeting of European officials failed to make any inroads on the threat of a Greek default.
The kiwi dollar fell to 82.29 US cents at 5pm (NZT) on Monday, from 82.59 cents at 8am (NZT) and was down from 82.52 cents from Friday's level in New York.
It was at 72.27 at 5pm (NZT) on the trade-weighted index, from 72.36 at 8am (NZT) and 72.09 on Friday.
Investors wereleft wondering, after weekend finance ministers' talks, whether Europe would be able to prevent a Greek default.
The International Monetary Fund and the European Union are reviewing whether Greece can meet the conditions of its rescue package.
"The Greece situation is not going to go away any time soon - it's going to take years to get everything sorted, and while they've avoided default, the potential remains," said Chris Tennent-Brown, FX economist at Commonwealth Bank of Australia in Sydney.
"The New Zealand dollar was largely left alone, as the Aussie dollar is a bit more of a barometer for global growth."
Local second quarter GDP and current account data this week will keep investors interested in New Zealand news, with CBA forecasting 0.1 per cent quarterly growth, down from a pace of 0.8 per cent in the first quarter.
"If that happens, you'd normally see the New Zealand dollar negative, but that could get eclipsed (by international news)," Tennent-Brown said.
The kiwi dollar gained to 80.32 Australian cents from 79.85 cents, and was little changed at 63.30 Japanese yen from 63.34 yen last week. It rose to 60.20 euro cents from 59.82 cents last week, and gained to 52.41 pence from 52.34 pence previously.
