NZ dollar falls on eve of election as new North Korean threats weigh

Fri, 22 Sep 2017

By Rebecca Howard Sept. 22 (BusinessDesk) - The New Zealand dollar fell heading into Saturday's general election on the back of ongoing sabre-rattling between the US and North Korea. The kiwi traded at 72.83 US cents as at 5pm versus 73.11 US cents as at 8am in Wellington from 73.21 cents late yesterday. Still, it's virtually unchanged on the week. The trade-weighted index declined to 76.20 from 76.53. Markets were nervous after North Korean Foreign Minister Ri Yong Ho said late Thursday in New York that the country may consider a nuc...

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