Kiwi a tad higher vs greenback

Tue, 25 Jul 2017

By Rebecca Howard July 25 (BusinessDesk) - The New Zealand dollar dipped after the Ministry for Primary Industries said a cattle disease had been detected in a dairy herd in South Canterbury but swiftly pared its losses on the back of a weaker USD ahead of the US Federal Reserve's two-day policy meeting and events across the Tasman. The kiwi traded at 74.38 US cents at 5 pm versus 74.33 US cents at 8am in Wellington and 74.32 cents late yesterday but dipped to 74.02 when MPI said the cattle disease mycoplasma bovis has been detected in a...

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