NZ dollar falls vs Aussie as Australian GDP growth not as bad as feared

Wed, 07 Jun 2017

By Rebecca Howard June 7 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar when gross domestic product data across the Tasman wasn't as weak as some analysts had been expecting, dashing chances of an immediate run at parity. The kiwi fell to 95.08 Australian cents as at 5pm in Wellington versus 95.67 Australian cents as at 8am and from 95.53 cents late yesterday. It was trading at 71.69 US cents as at 5pm in Wellington versus 71.56 cents late yesterday. The kiwi had gained 5.5 percent against the Aussie from...

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