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Markets

Euro falls to record low vs New Zealand dollar

Published Updated

The euro fell to a low of NZ$1.5294, breaking below the July 11 low of NZ$1.5296.

The New Zealand dollar rose along with other higher-yielding currencies like the Australian dollar as they tracked broad gains on equity markets due to firmer corporate earnings. It also hit a near two-week high against the US dollar of US$0.8033.

Copyright Reuters, 2012