NZ dollar at 4-month high vs. Aussie following RBNZ comments

Thu, 31 Jan 2013

Feb. 1 (BusinessDesk) - The New Zealand dollar rose to a four-month high against its Australian counterpart and gained against the greenback after a more upbeat assessment by the Reserve Bank yesterday stoked investors' appetite for the local currency. The kiwi rose as high as 80.63 Australian cents and traded at 80.48 cents at 8am in Wellington from 80.31 cents yesterday. It climbed to 84.10 US cents from 83.67 cents yesterday. Reserve Bank governor Graeme Wheeler is set to deliver a speech on improving New Zealand's economy today after h...

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