NZ dollar gains vs Aussie after weak Australian jobs data, RBNZ decision

Thu, 22 Mar 2018

By Rebecca Howard March 22 (BusinessDesk) - The New Zealand dollar gained against its Australian counterpart after jobs data across the Tasman was weaker than expected, adding to the view the RBA - like the New Zealand central bank today - won't be lifting rates anytime soon. The New Zealand dollar traded at 93.40 Australian cents as at 5pm in Wellington from 93.05 Australian cents as at 8am and 93.29 Australian cents yesterday. It rose to 72.35 US cents from 71.78 cents late yesterday, in the face of US dollar weakness after the US Fed...

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