NZ dollar holds gains as fears over global politics keeps investors nervous

Tue, 11 Apr 2017

By Rebecca Howard April 11 (BusinessDesk) - The New Zealand dollar stuck to a tight range in local trading as uncertainty over the global outlook kept investors on the sidelines. The kiwi was at 69.53 US cents as at 5 pm in Wellington versus 69.55 cents as at 8:30am in Wellington and 69.36 cents late yesterday. The trade-weighted index rose to 75.94 from 75.84 late yesterday. Stocks across Asia were mixed as investors vacillated between riskier assets and safe havens, largely ignoring a speech by US Federal Reserve chair Janet Yellen...

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