Kiwi Tumbles on Wheeler Comments as European Stocks Fluctuate

Kiwi Tumbles on Wheeler Comments as European Stocks Fluctuate

Mark Coote/Bloomberg

The so-called kiwi dollar surged 45 percent against the dollar since the end of 2008, the biggest advance after its Australian counterpart among more than 150 currencies tracked by Bloomberg. The kiwi lost as much as 1.3 percent today, the most since Dec. 21.