NZ dollar gains as risk sentiment picks up ahead of Brexit vote

Wed, 22 Jun 2016

By Jonathan Underhill June 22 (BusinessDesk) - The New Zealand dollar rose as polls showing there's a good chance Britain will vote to remain in the European Union this week helped restore risk appetite and underpinned equity markets, commodities and growth-linked currencies such as the kiwi and the Aussie dollar. The kiwi rose to 71.45 US cents from 71.12 cents late yesterday. The trade-weighted index rose to 75.87 from 75.40. A Survation poll this week had support for remaining in the EU on 45 percent to 44 percent wanting to leave,...

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