NZ dollar edges up in thin trading as US stalemate continues

Mon, 14 Oct 2013

By Paul McBeth Oct. 14 (BusinessDesk) - The New Zealand dollar edged up as holidays in major markets kept trading light and amid the ongoing stand-off between US legislators which is threatening a default on debt obligations of the world’s biggest economy. The kiwi rose to 83.29 US cents at 5pm in Wellington from 82.83 cents at 8am, little changed from 83.16 cents at the close of trading in New York on Friday. The trade-weighted index increased 77.33 from 77.13 on Friday in Wellington. Trading was light with Hong Kong, Japan and the US cl...

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