New Zealand dollar becalmed ahead of CPI data

Tue, 22 Jan 2019

By Jenny Ruth Jan. 22 (BusinessDesk) - The New Zealand dollar is little changed ahead of key inflation data due out on Wednesday amidst a global backdrop of unease created by gloomy sentiment coming out of the Davos Economic Forum and by yesterday’s data showing slowing growth in China. The kiwi was trading at 67.25 US cents at 5pm in Wellington from 67.26 at 8:30am. The trade-weighted index nudged up to 73.07 points from 73.01. “It’s been a very, very subdued start to the week – the big headline’s going to be tomorrow’s CPI figure,” s...

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