NZ dollar gains vs. Australian dollar as RBA minutes wary on growth

Tue, 17 Jun 2014

By Suze Metherell June 17 (BusinessDesk) - The New Zealand dollar climbed against its trans-Tasman counterpart after the Reserve Bank of Australia minutes for its June 3 meeting showed an expectation of slower growth as the country's mining boom winds down. The kiwi climbed as high as 92.54 Australian cents shortly after the release of the central bank's minutes and was trading at 92.48 cents at 5pm in Wellington, up from 92.25 at 8am and 92.31 cents at 5pm yesterday. The kiwi fell to 86.58 US cents at 5pm, from 86.78 cents at 8am and 86....

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