NZ dollar edges up against pound as UK PM May's future weighs on sterling

Mon, 13 Nov 2017

By Rebecca Howard Nov. 13 (BusinessDesk) - The New Zealand dollar edged higher against the British pound as media reports questioning the strength of UK Prime Minister Theresa May's hold on her government weighed on the sterling. The kiwi increased to 52.72 British pence as at 5pm from 52.51 pence as at 8am and 52.61 pence late Friday in New York. The kiwi was little changed at 69.18 US cents from 69.28 cents last week. The pound slipped fell 0.5 percent during the Asian trading session after the Sunday Times reported that 40 mem...

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