NZ dollar falls as investors eye Reserve Bank, Fed decisions

Sun, 23 Sep 2018

By Margreet Dietz Sept. 24 (BusinessDesk) - The New Zealand dollar slid, stemming a five-day advance on increased risk appetite, as investors eyed central bank decisions on interest rates at home and the US later this week. The kiwi traded at 66.69 US cents at 9am in Wellington, falling from 66.84 cents on Friday in New York and down from 66.90 cents last week in Asia. The Reserve Bank is set to announce the results of its latest official cash rate review on Thursday, while the US Federal Open Market Committee is widely expected to ann...

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