NZ dollar falls vs Aussie as Australian business conditions hit record high

NZ dollar falls vs Aussie as Australian business conditions hit record high
Rebecca Howard
By Rebecca Howard Nov. 14 (BusinessDesk) - The New Zealand dollar fell versus the Aussie after a bank survey showed Australian business conditions jumped to a record high last month and amid talk that a $2.2 billion option on the cross rate is set to expire this week. The New Zealand dollar was trading at 89.99 Australian cents as at 5pm versus 90.44 Australian cents as at 8am and from 90.27 cents. It was at 68.68 US cents versus 68.98 US cents as at 8am in Wellington and 69.18 cents late yesterday.  National Australia Bank’s survey sh...