The New Zealand dollar ended more than half a US cent up yesterday, picking itself up from Thursday's record low of 40.10USc. But the big picture remains unchanged.
The dollar finished at 40.86USc, untroubled by current account data showing the deficit at 7.1 per cent of GDP. It climbed along with the Australian and euro dollars which got help from lower oil prices.
Some buying also came from those worried about being caught short in the unlikely event of concerted G7 action to support the euro.
- NZPA
<i>Currency:</i> Kiwi rallies from record low
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