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NZD Follows Food Prices in Decline

Written By 092505589 on Wednesday, September 14, 2011 | 11:55 PM

[postlink]https://breakinghotnewsonline.blogspot.com/2011/09/nzd-follows-food-prices-in-decline.html[/postlink]

New Zealand dollarThe New Zealand dollar fluctuated against the US dollar and dropped against the Japanese yen after the report showed that food prices in New Zealand fell last month.

The Food Price Index declined 1.3 percent in August. The decline followed the 2.0 percent increase in the previous month. Year-on-year, the prices rose 6.6 percent. Currently, the kiwi, as the New Zealand currency is often nicknamed, strives to regain its strength.

NZD/USD traded near its opening level of 0.8230 as of 12:21 GMT today, following the drop to 0.8179. NZD/JPY rebounded to 63.31 after falling from 63.50 to 62.94.

http://www.topforexnews.com/2011/09/13/nzd-follows-food-prices-in-decline/
If you have any questions, comments or opinions regarding the New Zealand Dollar, feel free to post them using the commentary form below.

Earlier News About the New Zealand Dollar:

    New Zealand Dollar Falls as Concerns About Greece Intensify (2011-09-12)
    Building Permits in Australia & New Zealand Rise, Aussie & Kiwi Gain (2011-08-30)
    German Business Climate Makes NZ Dollar Less Attractive (2011-08-24)
    NZ Dollar Climbs on Expectations of QE3 in US (2011-08-22)
    NZ Dollar Heads for Second Weekly Drop (2011-08-12)


This entry was posted on TopForexNews on Tuesday, September 13th, 2011 at 12:21 pm and is filed under New Zealand Dollar. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

New Zealand dollarThe New Zealand dollar fluctuated against the US dollar and dropped against the Japanese yen after the report showed that food prices in New Zealand fell last month.

The Food Price Index declined 1.3 percent in August. The decline followed the 2.0 percent increase in the previous month. Year-on-year, the prices rose 6.6 percent. Currently, the kiwi, as the New Zealand currency is often nicknamed, strives to regain its strength.

NZD/USD traded near its opening level of 0.8230 as of 12:21 GMT today, following the drop to 0.8179. NZD/JPY rebounded to 63.31 after falling from 63.50 to 62.94.

http://www.topforexnews.com/2011/09/13/nzd-follows-food-prices-in-decline/
If you have any questions, comments or opinions regarding the New Zealand Dollar, feel free to post them using the commentary form below.

Earlier News About the New Zealand Dollar:

    New Zealand Dollar Falls as Concerns About Greece Intensify (2011-09-12)
    Building Permits in Australia & New Zealand Rise, Aussie & Kiwi Gain (2011-08-30)
    German Business Climate Makes NZ Dollar Less Attractive (2011-08-24)
    NZ Dollar Climbs on Expectations of QE3 in US (2011-08-22)
    NZ Dollar Heads for Second Weekly Drop (2011-08-12)


This entry was posted on TopForexNews on Tuesday, September 13th, 2011 at 12:21 pm and is filed under New Zealand Dollar. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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