NZ dollar edges back above US68c ahead of business confidence survey

Mon, 17 Dec 2018

By Paul McBeth Dec. 18 (BusinessDesk) - The New Zealand dollar edged back above 68 US cents ahead of today's local business confidence survey, which has remained in the doldrums despite relatively robust economic growth. The kiwi traded at 68.02 US cents as at 8am in Wellington from 67.91 cents yesterday, remaining in a tight range as the US Federal Reserve last policy meeting of the year looms. The trade-weighted index was at 74.41 from 74.38 yesterday. Local data today include the ANZ business confidence survey which has showed per...

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