NZ dollar climbs to 15-month high vs pound on Brexit vote delay

Mon, 10 Dec 2018

By Paul McBeth Dec. 11 (BusinessDesk) - The New Zealand dollar climbed to a 15-month high against the British pound after a delayed Brexit vote reignited fears the UK won't agree to terms on leaving the European Union, adding to uncertainty in the global economy. The kiwi rose to 54.74 British pence as at 8am in Wellington from 54.06 pence yesterday. It traded at 68.73 US cents from 68.90 cents yesterday. The pound dropped 1.4 percent against the greenback after UK Prime Minister Theresa May put off a vote on Brexit that would have b...

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