New Zealand dollar little changed after limited dip in dairy prices

Tue, 16 Jun 2015

By Jonathan Underhill June 17 (BusinessDesk) - The New Zealand dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices on the GlobalDairyTrade platform and little sign of progress in Greece's talks with creditors. The kiwi traded at 69.84 US cents at 8:30am in Wellington, from 69.88 cents late yesterday. The trade-weighted index was at 72.90 from 72.89 yesterday. Dairy product prices fell to the weakest levels in almost six years overnight, with the GDT average winning price down 1.3 perce...

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