The New Zealand dollar has hit another all-time low against the US greenback.
On September 7th, the Kiwi edged to a record low of US 41.25 cents, but overnight it went lower, to US 40.76c.
Traders say the New Zealand dollar has been hurt by steep declines in the Australian dollar, which has also hit a record low against the US currency overnight.
The Euro has also never been as weak against the greenback, fetching only US 85 cents.
- AGENCIES
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