NZ dollar gains vs Aussie after weak business confidence, upbeat Orr sentiment

Tue, 12 Dec 2017

By Rebecca Howard Dec. 12 (BusinessDesk) - The New Zealand gained against the Aussie after disappointing business confidence across the Tasman and extended its gains against the greenback on speculation Adrian Orr will make a more hawkish next governor of the Reserve Bank. The kiwi gained to 91.96 Australian cents as at 5pm in Wellington from 91.75 Australian cents as at 8am and 91.53 cents late yesterday. It was at 69.27 US cents as at 5pm in Wellington versus 68.86 cents late yesterday. The kiwi gained pushed higher against the A...

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