NZ dollar falls vs Aussie after Australia posts record trade surplus

Thu, 02 Feb 2017

By Rebecca Howard Feb. 2 (BusinessDesk) - The New Zealand dollar fell against the Aussie dollar after Australia posted a record trade surplus in December, stoking optimism about the outlook for economic growth across the Tasman. The kiwi dollar fell to 95.52 Australian cents as at 5pm in Wellington from 96.10 late yesterday. The local currency edged up to 72.98 US cents from 72.62 cents yesterday. Australian posted a seasonally adjusted trade surplus of A$3.5 billion in December, the Australian Bureau of Statistics said Thursday. T...

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