Kiwi dollar up against UK pound on Brexit ructions

Wed, 23 Oct 2019

The New Zealand dollar lifted against the British pound after UK lawmakers passed the Brexit agreement but shot down a bid to fast-track it by the Oct. 31 deadline. The kiwi was trading at 49.70 British pence at 8am in Wellington from 49.50 British pence at 5:05pm in Wellington yesterday. It was at 64.04 US cents from 64.25 US cents. Markets were cheered when UK lawmakers endorsed Prime Minister Boris Johnson's Brexit deal by a vote of 339 to 299. However, the pound came under pressure when they voted against a proposed timetable to push...

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