New Zealand dollar slips to a one-year low for Fonterra's food scare
date:Aug 06, 2013
how important dairy is. But what usually happens with these food quality issues is that as details come out, people tend to feel more reassured, said Chris Tennent-Brown, FX economist at Commonwealth Bank in Sydney.

Elsewhere, the Australian dollar hit a three-year low after weaker-than-expected retail sales data reinforced expectations of further interest rate cuts by Australia's central bank.

The Aussie dollar touched a low of $0.8848, its lowest level since August 2010. The Aussie later ca
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