NZ dollar falls on political jitters, Aussie CPI

Wed, 25 Oct 2017

By Rebecca Howard Oct. 25 (BusinessDesk) - The New Zealand dollar fell further against the greenback, weighed by ongoing political jitters and weaker-than-expected Australian inflation data. The kiwi was trading at 68.88 as at 5:15 pm from 69.02 cents as at 8am in Wellington from 69.44 cents yesterday. The trade-weighted index dropped to 72.98 from 73.27 yesterday. Markets have been jittery since NZ First leader Winston Peters declared his support for a Labour-led government and news across the Tasman today didn't help the kiwi. Austr...

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