NZ dollar gains vs euro; ECB unmoved by Italy, Brexit fears

Thu, 25 Oct 2018

By Paul McBeth Oct. 26 (BusinessDesk) - The New Zealand dollar gained against the euro as European Central Bank officials were unmoved by mounting fears over growth and stuck to their planned tightening track. The kiwi increased to 57.33 euro cents as at 8am in Wellington from 57.15 cents yesterday. It rose to 50.83 British pence from 50.59 pence. The euro fell 0.2 percent against the greenback after the ECB affirmed plans to end its quantitative easing programme this year and said it still expects to keep the key rate on hold until...

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