Business

NZD tight as Europe rejects Italian budget

The New Zealand dollar traded in a relatively tight range after Europe rejected Italy's plans to run budget deficits, stoking fears over the region's growth. 

The kiwi traded at 65.56 US cents as at 8am in Wellington from 65.40 cents yesterday. It was little changed at 57.13 euro cents from 57.09 cents. 

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