Kiwi dollar drops overnight

New Zealand dollar bills stacks background.The New Zealand dollar has fallen overnight, trading at 68.83 US cents, compared to 69.28 cents on Wednesday.

The local currency traded at 95.14 Australian cents from 94.73 cents late yesterday and at 4.7235 Chinese yuan from 4.7512 yuan. It fell to 77.65 yen from 78.27 yen.

The kiwi was at 54.08 British pence from 54.53 pence and at 60.65 euro cents from 61.13 euro cents.

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