NZ dollar climbs near 18-month high vs. Aussie as trans-Tasman fortunes turn

Fri, 01 Feb 2013

By Paul McBeth Feb. 1 (BusinessDesk) - The New Zealand dollar climbed near an 18-month high against its Australian counterpart as the fortunes for the neighbours pall, while looking rosier on this side of the Tasman. The kiwi climbed as high as 80.93 Australian cents, the highest since August 2011, and traded at 80.81 cents at 5pm in Wellington from 80.31 cents yesterday. The currency was unchanged at 84.10 cents from 8am and up from 83.67 cents yesterday. New Zealand is becoming a more attractive destination for investors looking for high...

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