NZ dollar falls against Aussie on strong jobs data across Tasman

Thu, 13 Sep 2018

By Rebecca Howard Sept. 13 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart after strong jobs data across the Tasman provided some tentative signs of wage inflation. The kiwi traded at 91.15 Australian cents at 5pm in Wellington versus 91.46 Australian cents at 8am and 91.62 cent late yesterday. It was at 65.53 US cents from 65.10 US cents late yesterday. Australia's unemployment rate was unchanged at 5.3 percent, in line with economists' expectations. But the number of people employed rose by 44,000, be...

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