NZ dollar holds above 81 US cts as markets look toward Jackson Hole summit

Mon, 27 Aug 2012

By Paul McBeth Aug. 27 (BusinessDesk) - The New Zealand dollar held above 81 US cents as investors look toward the major speeches at this weekend's central bankers' retreat in Jackson Hole, Wyoming, where officials from the Federal Reserve and European Central Bank may firm up guidance on stimulus measures. The kiwi traded at 81.06 US cents at 5pm in Wellington from 81.09 cents at 8am and 81.10 cents on Friday in New York. The trade-weighted index was unchanged at 72.86 from last week. Central bank officials from around the world are prepar...

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