NZ dollar falls vs. greenback, Australian dollar as Chinese stocks rise, RBNZ looms

Mon, 07 Sep 2015

By Jonathan Underhill Sept. 7 (BusinessDesk) - The New Zealand dollar fell against the greenback and the Australian dollar as Chinese stocks rose after national holidays and as traders look ahead to the Reserve Bank's policy review on Thursday, amid expectations of an interest rate cut. The kiwi fell to 62.64 US cents as at 5pm in Wellington, from 62.77 cents at the New York close on Friday. The local dollar fell to 90.48 Australian cents from 91.25 cents on Friday. The trade-weighted index slipped to 68.52 from 69.27 on Friday. China'...

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