NZ dollar falls vs Pound as post-Brexit terms agreed in principle

Thu, 22 Nov 2018

By Paul McBeth Nov. 23 (BusinessDesk) - The New Zealand dollar fell against the British pound after UK and European Union officials reached a draft agreement on post-Brexit relations. The kiwi declined to a week-low 52.85 British pence as at 8am in Wellington from 53.28 pence yesterday. It was unchanged at 68.11 US cents with US markets closed for the Thanksgiving Day holiday. The pound gained 0.8 percent after the EU and UK agreed in principle on how they will approach security, trade and other issues once Britain formally leaves th...

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