In late Asian deals on Tuesday, the New Zealand dollar trimmed its early losses against other major currencies after dairy exporter Fonterra said that the milk powder imports destroyed by China's food quality authority does not include their products.
The kiwi is now trading at 79.07 against the yen, 1.5832 against the euro, 0.8441 against the greenback and 1.2246 against the aussie, reversing from early multi-day lows of 78.88, 1.5885, 0.8407 and 1.2283, respectively.
