NZ dollar gains to month-high vs yen as Trump inauguration looms

Thu, 19 Jan 2017

By Jonathan Underhill Jan. 20 (BusinessDesk) - The New Zealand dollar rose to its highest level in a month against the yen as Japan's currency weakened against the greenback ahead of Donald Trump's presidential inauguration. The kiwi rose to 82.47 yen as at 8am in Wellington, having earlier touched 82.74 yen, the highest since Dec. 17, from 81.78 yen late yesterday. The local currency traded at 71.67 US cents from 71.38 cents. Trump's inauguration will include his speech to the nation, which may provide an update on his policy plans fo...

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