NZ dollar gains as Russia-Ukraine tensions take centre stage in data-light week

Tue, 25 Mar 2014

By Paul McBeth March 25 (BusinessDesk) - The New Zealand dollar rose as investors keep tabs on the tensions between Russia and Ukraine and their possible spillover into broader markets, in a week where there’s little economic data to drive sentiment. The kiwi increased to 85.53 US cents at 5pm in Wellington from 85.39 cents at 8am and 85.37 cents yesterday. The trade-weighted index was 79.90 from 79.95 yesterday. The leaders of the world’s seven leading industrialised nations, known as the G7, have been meeting in the Hague to discuss pos...

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