NZ dollar climbs above 69 US cents for first time in week as Fed minutes digested

Thu, 23 Nov 2017

By Jonathan Underhill Nov. 24 (BusinessDesk) - The New Zealand dollar rose above 69 US cents for the first time in a week as traders digested the range of views in the latest Federal Reserve minutes that showed some policymakers unconvinced that inflation is rebounding. The kiwi traded at 68.83 US cents as at 8am in Wellington, and earlier rose as high as 69.05 cents, from 68.76 cents late yesterday. The trade-weighted index was at 72.51 from 72.53. US banks were closed on Thursday for the Thanksgiving Day holiday and many Americans ex...

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