NZ dollar falls vs greenback, Aussie as investors seek clues over diverging rate tracks

Tue, 20 Feb 2018

By Rebecca Howard Feb. 20 (BusinessDesk) - The New Zealand dollar fell against the greenback and Australian dollar as investors unpick central bank meeting minutes for clues over increasingly divergent interest rate tracks. The kiwi declined to 73.56 US cents as at 5pm in Wellington from 73.71 cents as at 8am in Wellington and 73.98 cents late yesterday. The New Zealand dollar fell to 92.98 Australian cents from 93.27 cents yesterday. New Zealand's Reserve Bank has stuck to its outlook that the official cash rate is unlikely to move...

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