NZ dollar edges lower as central bank meetings awaited

Thu, 04 Apr 2013

By Paul McBeth April 4 (BusinessDesk) - The New Zealand dollar edged lower in local trading as investors await the central bank meetings in Europe, the UK and the Bank of Japan. The kiwi traded at 84.08 US cents at 5pm in Wellington from 84.17 cents at 8am and 84.02 cents yesterday. The trade-weighted index decreased to 77.07 from 77.18. Investors are waiting for an update on the economic health of Europe when the European Central Bank and Bank of England announce the results of their monetary policy reviews, with the region beset by sover...

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