NZ dollar gives up gains vs. British pound in quiet trading

Mon, 03 Oct 2016

By Edwin Mitson Oct. 3 (BusinessDesk) - The New Zealand dollar gave up gains against the British pound in quiet trading in currency markets, with limited activity due to a national holiday in China and public holidays on Australia's eastern seaboard and in South Australia. The kiwi traded at 56.10 Britsh pence at 5pm in Wellington, down from the 56.29 pence at 8am and 55.99 pence on Friday. British Prime Minister Theresa May announced on Sunday that the two-year negotiations with the European Union to secure her country's exit from the...

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