Tuesday, February 7, 2012

The New Zealand dollar is holding near a five-month high against the greenback, and almost at record-levels versus the euro.

The news follows better-than-expected job data out of the US, and concerns Greece’s political leaders will fail to reach the conditions of a EU130b bailout.

The Kiwi traded at US83.33c yesterday, and rose as high as EU63.77c the second-highest level since the currency entered circulation in 2002.

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