NZ dollar gains after Australian business conditions lift, RBNZ looms

Tue, 08 Sep 2015

Sept. 8 (BusinessDesk) - The New Zealand dollar rose ahead of the Reserve Bank's statement on Thursday and after an Australian survey showed improving business conditions even while business confidence fell, giving traders more confidence economic growth across the Tasman won't collapse. The kiwi rose to 62.76 US cents as at 5pm in Wellington, from 62.67 cents late yesterday. The trade-weighted index was little changed at 68.49 from 68.54 yesterday. The New Zealand dollar slipped to 90.21 Australian cents from 90.54 cents yesterday. Natio...

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