New Zealand dollar gains as inflation expectations push higher

New Zealand dollar gains as inflation expectations push higher
Rebecca Howard
By Rebecca Howard Feb. 7 (BusinessDesk) -  The New Zealand dollar rose after a central bank survey that showed inflation expectations are on the rise. The kiwi dollar traded at 73.58  as at 5:15 pm in Wellington from 73.20 cents in Asia yesterday.  The kiwi rose to 95.93 Australian cents from 95.48 cents late yesterday.  The local currency got a lift after a Reserve Bank survey showed that inflation expectations had moved higher. Expectations for inflation one year out rose to 1.56 percent compared to 1.29 percent in the Reserve Bank's...