NZ dollar steady ahead of RBA speech, NZ rate decision

Tue, 24 Sep 2019

By Jenny Ruth Sept. 24 (BusinessDesk) - The New Zealand dollar was little changed ahead of a key speech by the Reserve Bank of Australia's governor tonight and an official cash rate decision by the local central bank tomorrow. The kiwi was trading at 62.96 US cents at 5:05pm in Wellington from 62.91 cents at 8:10am. The trade-weighted index was at 70.13 points from 70.08. "It's been a quiet day, but it's also been one of subtle New Zealand dollar strength – overnight, it was one of, if not the best-performing OECD currency," says Peter...

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