Bloomberg News

New Zealand Dollar Erases Its Advance After Report on Earthquake

July 06, 2011

July 6 (Bloomberg) -- The New Zealand dollar erased its gain versus the greenback after a U.S. Geological Survey statement indicated that a magnitude 7.8 earthquake struck 132 miles off of the Kermadec Islands. The New Zealand dollar was little changed at 82.49 U.S. cents after earlier advancing 0.6 percent to 83.02 cents.

To contact the editor responsible for this story: Dennis Fitzgerald at dfitzgerald5@bloomberg.net


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