Bloomberg News

Aussie Falls to Lowest in Month; N.Z. Dollar Weakens

November 17, 2011

(Corrects to show Australian dollar dropped to lowest since Oct. 12)

Nov. 17 (Bloomberg) -- The Australian dollar slid to its lowest level in more than a month and the New Zealand dollar weakened.

The so-called Aussie dropped as much as 0.4 percent to $1.0041, the lowest level since Oct. 12, before trading at $1.0046 at 10:27 a.m. in Sydney. The New Zealand currency declined 0.4 percent to 76.31 U.S. cents, after earlier falling as low as 76.25 cents.

--Editor: Benjamin Purvis

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus