The New Zealand dollar slid Thursday following China’s intervention to bolster dwindling equities calmed volatile markets.
Chinese state funds purchased stocks to amplify the Shanghai Composite Index ahead of Victory Day holiday.
The kiwi closed at 56.53 euro cents from Wednesday’s 56.40 euro cents, 63.41 US cents from 63.63 US cents, and 41.47 British pence from 41.56 British pence. Against the Japanese yen, it stood at ¥76.40 from ¥76.48.
The material has been provided by InstaForex Company – www.instaforex.com