NZ dollar falls vs pound on split BOE over rate hike, drops vs greenback on Fed rate track

Thu, 15 Jun 2017

By Jonathan Underhill June 16 (BusinessDesk) - The New Zealand dollar declined against the pound after the Bank of England policy committee kept rates on hold but with a split vote, while it fell against the US dollar in the wake of yesterday Federal Reserve statement that kept intact plans for another rate hike this year. The kiwi fell to 56.46 British pence as at 8am in Wellington from 56.64 pence late yesterday. It traded at 72.02 US cents, having touched 71.83 cents overnight, from 72.22 cents yesterday. The pound rose after the BO...

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