NZ dollar edges closer to record against Aussie after labour market data

Thu, 12 Feb 2015

By Tina Morrison Feb. 13 (BusinessDesk) - The New Zealand dollar edged closer to its record against the Australian dollar overnight after Australia's weaker than expected labour data yesterday highlighted the better performing New Zealand economy. The kiwi touched 96.29 Australian cents this morning, its highest since reaching a post-float record of 96.52 cents on Jan. 8. It was trading at 95.95 Australian cents at 8am in Wellington, from 95.79 cents at 5pm yesterday. The local currency touched a two-week high of 74.85 US cents, and was t...

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