NZ dollar eases against Australian dollar after RBA upbeat on outlook

Tue, 06 Nov 2018

By Rebecca Howard Nov. 6 (BusinessDesk) - The New Zealand dollar eased against the Australian dollar after the Reserve Bank of Australia was slightly more upbeat about the economy The kiwi traded at 92.17 Australian cents at 5pm in Wellington from 92.47 Australian cents at 8:30 am and 92.38 cents late yesterday. It traded at 66.50 US cents versus 61.61 US cents yesterday. The RBA kept rates on hold at 1.5 percent as expected as "the board judged that holding the stance of monetary policy unchanged at this meeting would be consistent w...

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