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Kiwi falls as signs of growth underpin demand for greenback

The New Zealand dollar fell as signs of a pick-up in US economic growth spurred demand for the greenback. The kiwi dropped as low as 79.63 US cents early this morning, dipping below 80 cents for the second time in a week, and recently traded at 80.17 cents from 80.55 cents at 5pm in Wellington yesterday. The trade-weighted index slipped to 75.23 from 75.60 yesterday. So-called ...

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