NZ dollar gains against UK pound on Brexit ructions

Wed, 28 Aug 2019

By Rebecca Howard Aug. 29 (BusinessDesk) - The New Zealand dollar gained against the British pound after UK Prime Minister Boris Johnson moved to stop any bids to block a no-deal Brexit on Oct. 31. The kiwi was trading at 51.89 British pence at 8am in Wellington from 51.58 at 5:05pm. It remained under pressure against the greenback, trading at 63.37 US cents versus 63.34 cents, after touching a four-year low of 63.26 cents overnight. Johnson - who has pledged to take the UK out of the European Union with or without a deal by Oct. 31...

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