NZ dollar climbs vs British pound as exit polls point to hung parliament

Fri, 09 Jun 2017

By Rebecca Howard June 9 (BusinessDesk) - The New Zealand dollar rose against the British pound as markets awaited official election results out of the UK after early exit polls pointed to a hung parliament. The kiwi jumped as high as 56.69 British pence immediately after the polls and was trading at 56.52 pence as at 5pm from 55.55 late yesterday. The New Zealand dollar was trading at 72.07 US cents from 71.96 US cents yesterday. UK Prime Minister Theresa May had called the snap election to increase her slim majority and strengthen h...

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