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NZ Dollar At More Than 3-month Low Versus Yen

5/8/2012 5:16 AM ET

In early European deals on Tuesday, the New Zealand dollar declined against the Japanese yen. The kiwi touched more than a 3-month low of 63.04 against the yen, reversing from an early 4-day high of 63.75. On the downside, the kiwi may target 62.5 level. The pair is now trading at 63.12, compared to Monday's close of 63.51.

by RTT Staff Writer

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