NZ dollar falls vs Aussie on stronger-than-expected China imports; inflation data looms

Sun, 15 Apr 2018

By Jonathan Underhill April 16 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart as the Aussie benefitted from stronger-than-expected Chinese import data and ahead of domestic data this week which is expected to show inflation remains weak. The kiwi dollar fell to 94.57 Australian cents as at 8am in Wellington from 94.72 cents in New York on Friday. The kiwi traded at 73.53 US cents from 73.57 cents and the trade-weighted index was at 75.37 from 75.40. Traders said missile strikes by the US, France and the...

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