NZ Dollar Slides Against Majors
28 February 2025 - 9:37AM
RTTF2
The New Zealand dollar weakened against other major currencies
in the Asian session on Friday.
The NZ dollar fell to more than a 2-week low of 0.5602 against
the U.S. dollar, nearly a 7-month low of 83.67 against the yen and
a 2-month low of 1.8538 against the euro, from yesterday's closing
quotes of 0.5626, 84.44 and 1.8475, respectively.
Against the Australian dollar, the kiwi edged down to 1.1090
from Thursday's closing value of 1.1077.
If the kiwi extends its downtrend, it is likely to find support
around 0.54 against the greenback, 82.00 against the yen, 1.86
against the euro and 1.12 against the aussie.
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