NZ dollar lifts against British pound on Brexit jitters

Wed, 09 Oct 2019

The New Zealand dollar gained against the British pound on growing concerns about the likelihood of a no-deal Brexit. The kiwi was trading at 51.55 British pence at 7:55 am in Wellington versus 51.35 British pence at 5pm. It was at 62.96 US cents from 63.14 US cents. The trade-weighted index was at 70.35 from 70.45. Markets were jittery after the European Union accused Britain of playing a “stupid blame game” after a Downing Street source said a deal was essentially impossible because German Chancellor Angela Merkel had made unacceptable...

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