NZ dollar climbs to 7-month high vs British pound on growing fears of no-deal Brexit

Mon, 29 Jul 2019

By Paul McBeth July 30 (BusinessDesk) - The New Zealand dollar rose to a seven-month high against the British pound on growing expectations for a no-deal Brexit under the leadership of British Prime Minister Boris Johnson. The kiwi advanced to 54.22 British pence as at 8am in Wellington from 53.60 pence at 5pm yesterday. It traded at 66.30 US cents from 66.28 cents yesterday ahead of the Federal Open Market Committee's upcoming policy review early Thursday, New Zealand time. The British pound fell against most currencies overnight, a...

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