NZ dollar falls vs Aussie on lower jobless rate across the Tasman

Thu, 18 Oct 2018

By Paul McBeth Oct. 18 (BusinessDesk) - The New Zealand dollar fell against the Aussie as a lower unemployment rate across the Tasman supported the Reserve Bank of Australia's increasingly optimistic domestic outlook. The kiwi dropped to 91.85 Australian cents as at 5pm in Wellington from 92.25 cents yesterday. It fell to 65.51 US cents from 65.83 cents yesterday. Australia's unemployment rate fell to 5 percent in September, lower than the 5.3 percent rate anticipated and down to a level not expected by the RBA until the end of next...

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