NZ dollar holds above 73 US cts as markets weigh up prospect of centre-right govt

Sun, 24 Sep 2017

By Paul McBeth Sept. 25 (BusinessDesk) - The New Zealand dollar held above 73 US cents after Saturday's general election saw the incumbent National Party win the most votes, putting it in the box seat to negotiate the formation of a new government. The kiwi traded at 73.30 US cents as at 8am in Wellington from 73.39 cents on Friday in New York, and up from 72.83 cents at last week's local close. The trade-weighted index advanced to 76.66 from 76.33 last week. The Bill English-led National Party won 46 percent of the popular vote on S...

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