NZ dollar falls

new zealand dollar2The New Zealand dollar has fallen to 48.98 British pence as of 0800 in Wellington from 49.27 pence yesterday. It declined to 64.62 US cents from 64.84 cents.

Local data today include September house price movements and sales turnover and the food prices index.

The kiwi edged up to 91.26 Australian cents from 91.09 cents yesterday and fell to 4.4733 Chinese yuan from 4.4862 yuan. It declined to 72.68 yen from 73.29 yen yesterday and decreased to 56.09 euro cents from 56.33 cents. The trade-weighted index was at 70.82 from 70.98 yesterday.

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