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New Zealand dollar falls vs US dollar

The kiwi fell to US69.48c, as at 8am in Wellington, from US70.33c late yesterday. It also dropped to 63.49 euro cents from 64.30 euro cents.

New Zealand's dollar sank further following the weekend poll in France that delivered a two-horse race between centrist politician Emmanuel Macron and the far-right Marine Le Pen, with greater odds on Macron. The Australian dollar and the South African rand also fell.

The kiwi fell to 54.15 British pence from 54.64 pence and declined to 76.93 yen from 77.16 yen. It was trading at 92.16 Australian cents from 92.46 cents late on Tuesday and 4.7798 yuan from 4.8085 yuan.

source: tvnz.co.nz
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