NZ dollar gains vs pound on Brexit Irish border impasse, falls vs greenback

Wed, 28 Feb 2018

By Jonathan Underhill March 1 (BusinessDesk) - The New Zealand dollar rose against the British pound after a draft legal report from the European Commission on Brexit kept Northern Ireland within its common border region along with the rest of Ireland, effectively creating a new border with Britain. The kiwi gained to 52.34 British pence as at 8am in Wellington from 51.97 pence late yesterday. The kiwi fell to 72.13 US cents, near a three-week low, from 72.24 cents yesterday. British Prime Minister Theresa May said the EC draft would t...

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