Market News

Kiwi & Aussie dollars strengthen

19 June, 2012

The Australian and New Zealand dollars rose as an election victory by supporters of Greece’s bailout eased concern the nation will leave the euro bloc. The Kiwi reached 79.38, the most since May 8, before trading at 79.37, 0.7 percent stronger than last week, whilst the Aussie touched a one-month high climbing to 1.0135 before settling back around 1.011.

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