New Zealand Currency Falls to Four-month Low as Political Coalition Talks Continue 1 234 567

New Zealand Currency Falls to Four-month Low as Political Coalition Talks Continue

voanews.com

The New Zealand currency sunk to a fresh four-month low on Monday as a small nationalist party carried out negotiations to determine the country's next government.

The currency fell to $0.7160, its lowest since early June, from $0.7090 on Friday evening.

New Zealand's inconclusive election on Sept. 23 has generated intense political uncertainty that has weighed on the Kiwi.

A final vote count on Saturday showed the governing National Party lost some ground to the center-left...

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