NZ dollar falls after govt policy emerges in coalition deals

Tue, 24 Oct 2017

By Rebecca Howard Oct. 24 (BusinessDesk) - The New Zealand dollar fell after government policy details emerged in Labour's coalition agreement between Labour and NZ First and the confidence and supply deal with the Greens. The kiwi slipped to 69.44 US cents as at 5pm from 69.61 cents as at 8am in Wellington and 69.63 cents late yesterday. The trade-weighted index declined to 73.27 from 73.60. Prime Minister-elect Jacinda Ardern released the agreements with the two parties, promising to "work together to provide New Zealand with a tran...

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