NZ dollar falls vs Aussie on strong consumer confidence across Tasman

Wed, 17 Jan 2018

By Rebecca Howard Jan. 17 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart on growing consumer confidence across the Tasman, and declined against the greenback on weaker commodity prices. The kiwi dropped to 91.10 Australian cents as at 5pm in Wellington from 91.54 cents yesterday. It fell to 72.54 US cents from 72.91 cents yesterday. The Aussie was boosted by figures showing Australian consumers were increasingly optimistic, soothing concerns a slowdown in spending could weigh on the economy this year. ...

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