NZ dollar holds near 81 US cents as fiscal cliff talks loom

Fri, 16 Nov 2012

Nov 16 (BusinessDesk) – The New Zealand dollar traded at just above 81 US cents, having weakened this week as global risk aversion evaporated and stock markets weakened, while traders are awaiting any early news on the US fiscal cliff talks. The kiwi dollar traded at 81.03 US cents at 5pm in Wellington from 80.95 cents at the start of the day and from 81.22 cents the previous day. The trade-weighted index was at 72.87, up from 72.80 at the start of the day. US President Barack Obama and Republican lawmakers are due to meet this weekend to fi...

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