RBNZ Reports Biggest Currency Sale Since 2007 as Kiwi Weakens

New Zealand's central bank intervened in foreign-exchange markets last month, selling the most currency in seven years to weaken the nation's dollar …
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The kiwi touched a low of 78.54 US cents, and was trading at 78.64 cents at 8am in … Bank may have intervened to push down the value of the local currency. … The trade-weighted index slipped to 76.69 from 76.88 on Friday.
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