NZ dollar extends gains vs pound

Mon, 27 Jun 2016

By Jonathan Underhill June 27 (BusinessDesk) - The New Zealand dollar extended its gains against the pound, reaching a new 2 1/2-year high as financial markets caught up with a full weekend of debate over the ramifications of the Brexit, including the risk that other European Union nations could consider leaving the regional economic bloc. The kiwi rose to 52.78 British pence as at 5pm in Wellington, and earlier touched 52.98 pence, surpassing Friday's peak to reach the highest level since October 2013, from 52.11 pence on Friday in New Y...

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