NZ dollar heads for weekly 2% decline vs greenback, gains vs Aussie

Fri, 27 Oct 2017

By Rebecca Howard Oct. 27 (BusinessDesk) - The New Zealand is headed for a weekly decline of 2 percent against a resurgent greenback and gained versus the Aussie after a court ruling on the status of an MP who represents the Australian government's majority. The kiwi was trading at 68.40 US cents versus 68.36 US cents as at 8:30am in Wellington and 68.88 cents late yesterday. It traded at 69.68 US cents last Friday in New York. It was at 89.58 Australian cents from 89.33 cents late yesterday. Australia's constitution prohibits dual cit...

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