NZ dollar falls against resurgent greenback as dairy prices decline, RBNZ governor to speak

Tue, 20 Feb 2018

By Jonathan Underhill Feb. 21 (BusinessDesk) - The New Zealand dollar fell against a resurgent greenback, which has climbed on a trade-weighted basis this week, as dairy prices declined for the first time this year and traders looked ahead to Reserve Bank governor Grant Spencer's appearance at parliament. The kiwi declined to 73.45 US cents as at 8am in Wellington from 73.56 cents late yesterday. The trade-weighted index was at 75.33 from 75.31. Dairy product prices slipped at the GlobalDairyTrade auction, sliding for the first time th...

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