CORRECT NZ dollar holds near 81 US cents ahead of central bank meetings

Tue, 31 Jul 2012

(Corrects kiwi dollar rate from yesterday in second paragraph) By Hannah Lynch Aug 1 (BusinessDesk) - The New Zealand dollar held near a three-month high amid speculation policymakers from the European Central Bank and the Federal Reserve will announce additional policy measures to shore up the global economy. The New Zealand dollar rose as high as 81.19 US cents overnight. It recently traded at 80.83 cents from 80.99 cents yesterday at 5pm. The trade weighted index slipped to 72.85 from 72.93. The Fed's two-day meeting began on Tuesday in...

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