Kiwi Falls after Hefty Rate Cut, U.S. Dollar Edges Up
TOKYOLONDON, Oct 9 Reuters The New Zealand dollar slumped on Wednesday after the country39;s central bank cut interest rates by 50 basis points, while the U.S. dollar nudged up against most currencies and hit a new two month high on a basket of peers. The kiwi tumbled 0.8 on the U.S. dollar to 0.6086 and […]