Bloomberg News

Aussie, N.Z. Dollars Reverse Earlier Gains as Asian Stocks Fall

September 13, 2011

Sept. 14 (Bloomberg) -- The Australian and New Zealand dollars reversed earlier gains versus the U.S. currency as Asia stocks weakened.

The Australian dollar traded at $1.0307 at 12:20 p.m. in Sydney from $1.0312 yesterday in New York, after earlier reaching $1.0371. The so-called kiwi was at 82.33 U.S. cents from 82.29 cents yesterday. It earlier rose as high as 82.66 cents.

The MSCI Asia Pacific index fell as much as 0.4 percent.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


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