NZ dollar falls on reaction to Wheeler speech

The New Zealand dollar fell after Reserve Bank governor Graeme Wheeler said he may intervene to dampen the currency’s rise because the kiwi is still over-valued. The kiwi was trading at about 81.33 US cents before the 8am speech and recently traded at 80.92 US cents, from 80.68 cents at 5pm yeste…

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NZ dollar falls on reaction to Wheeler speech