NZ dollar dips below 71 US cts as investors eye more Bank of Japan stimulus

Thu, 28 Jul 2016

By Paul McBeth July 29 (BusinessDesk) - The New Zealand dollar slipped below 71 US cents as investors prepare for the Bank of Japan's policy review today which is expected to inject even more stimulus into the world's third-biggest economy. The kiwi fell to 70.77 US cents from 71.11 cents late yesterday and was little changed at 74.53 yen from 74.50 yen. Bank of Japan governor Haruhiko Kuroda is expected to deliver more stimulus to the Japanese economy at the conclusion of the bank's policy meeting today, adding to the government's 2...

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