New Zealand dollar little changed amid ongoing Brexit uncertainty

New Zealand dollar little changed amid ongoing Brexit uncertainty
Jenny Ruth
By Jenny Ruth Jan. 16 (BusinessDesk) - The New Zealand dollar is little changed after the British parliament defeated Prime Minister Theresa May’s Brexit plan by a historic 230 votes, leaving financial markets with continuing uncertainty as to how the situation will play out. The kiwi was trading at 68.11 US cents at 5pm in Wellington from 68.06 at 8am while the trade weighted index was little changed at 73.68 points from 73.66. Britain’s Labour Party has tabled a vote of no confidence in May but Derek Rankin, director of Rankin Treasu...