NZ dollar falls to 2-year low vs pound as Barnier talks up Brexit

Mon, 10 Sep 2018

By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand dollar dropped to its lowest level against the British pound since the June 2016 Brexit referendum after EU chief negotiator Michel Barnier said a deal could be reached as early as November. The kiwi fell as low as 50 pence and was trading at 50.04 pence at 8am in Wellington from 50.47 pence yesterday. The local currency was little changed at 65.20 US cents from 65.17 cents yesterday as investors wait for US President Donald Trump to decide on whether to impose more tariffs on Chin...

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