NZ dollar ends November where it started ahead of next week's RBNZ review

Fri, 30 Nov 2012

By Paul McBeth Nov. 30 (BusinessDesk) - The New Zealand dollar is set to end the month virtually unchanged against the greenback as US politicians try to navigate away from the fiscal cliff and trans-Tasman central banks prepare to review monetary policy next week. The kiwi traded at 82.23 US cents at 5pm in Wellington from 82.24 cents at 8am, and down from 82.41 cents yesterday. The trade-weighted index fell to 73.58 from 73.74 yesterday, and is poised for 0.5 percent monthly gain. Institutional investors will likely keep their asset allo...

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