NZ dollar falls as yen strengthens ahead of Trump inauguration, gains vs pound

Mon, 16 Jan 2017

By Jonathan Underhill Jan. 16 (BusinessDesk) - The New Zealand dollar fell against the yen, which has broadly strengthened ahead of Donald Trump's inauguration on Friday, and gained against the pound on renewed Brexit concerns. The kiwi dollar fell to 80.92 yen as at 5pm in Wellington from 81.63 yen in late New York trading on Friday. It rose to 58.98 British pence from 58.44 pence and weakened to 70.89 US cents from 71.27 cents at the end of last week. The yen strengthened to 114.16 per US dollar from 114.67 on Friday in New York as t...

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