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NZ dollar falls to year-low on lower dairy payout

2014-09-23 23:44:14| Food - Topix.net

The kiwi fell to 80.40 US cents after Fonterra's 8.30am announcement, its lowest since September last year. File photo / NZ Herald The New Zealand dollar fell to a year low as it declined along with other commodity currencies on concern about slowing growth in China and cemented that low after Fonterra Cooperative Group cut its forecast payout to farmers.

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