Currency Note Worldwide

New Zealand finances fall below their rugby highs

By Smart Currency November 4th, 2015

Following a jubilant weekend for the New Zealand rugby team it has been a poor start to the week for their dollar. Yesterday this fell against every major currency pairing, most notably the Australian dollar to which it has conceded almost 1.4%. The release of the Global Dairy Trade (GDT) Price index yesterday showed a figure more than twice as bad as expected, due to continually falling dairy prices.

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