NZ dollar almost unchanged as traders await Federal Reserve meeting

Wed, 19 Jun 2013

By Paul McBeth June 19 (BusinessDesk) - The New Zealand dollar was almost unchanged in local trading as traders await the outcome from the Federal Reserve’s monetary policy review and whether the US central bank plans to start unwinding its asset purchase programme. The kiwi traded at 79.88 US cents at 5pm in Wellington from 79.91 cents at 8am, and 79.87 cents yesterday. The trade-weighted index was little changed at 74.12 from 74.06 yesterday. Investors are in lock-down until the Federal Open Market Committee announces its assessment on W...

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