NZ dollar falls with Aussie dollar after RBA keeps rates steady

Tue, 03 Oct 2017

By Rebecca Howard Oct. 3 (BusinessDesk) - The New Zealand dollar fell against the greenback in tandem with the Australian dollar after the Reserve Bank of Australia kept rates steady and offered no hints any rate increases were on the horizon. The kiwi was at 71.62 US cents as at 5:15pm from 71.96 cents yesterday. It was at 91.81 Australian cents from 91.96 Australian cents late yesterday. Australia's central bank kept interest rates at 1.50 percent as expected and RBA Governor Philip Lowe reiterated "an appreciating exchange rate wou...

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