NZ dollar gains vs yen as demand for safe havens abates, rises vs euro

Mon, 11 Sep 2017

By Jonathan Underhill Sept. 12 (BusinessDesk) - The New Zealand dollar rose against the yen as investors regained some risk appetite, reducing demand for Japan's currency as a safe haven. The kiwi traded 79.30 yen as at 8am in Wellington from 78.56 yen late yesterday. It was little changed at 72.46 US cents from 72.45 cents yesterday. The UN votes this morning on a new round of sanctions against North Korea in retaliation for its latest nuclear test and missile launches but the US has reportedly watered down its draft resolution and th...

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