NZ dollar falls against greenback, holds gains against Aussie ahead of RBA

Mon, 01 Jul 2019

By Rebecca Howard July 2 (BusinessDesk) - The New Zealand dollar fell as the greenback strengthened but remained firm against the Aussie ahead of the Reserve Bank of Australia's rate decision later today. The kiwi was trading at 66.73 US cents at 7:40 am in Wellington from 67.09 cents at 5pm yesterday. It was at 95.82 Australian cents from 95.76 cents and the trade-weighted index was at 72.91 from 73.09. The US dollar got a lift on data showing that manufacturing activity there expanded in June. While the Institute for Supply Managemen...

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