NZ dollar holds near highest in almost 4 months vs Aussie as parity talk re-appears

Tue, 30 May 2017

By Rebecca Howard May 30 (BusinessDesk) - The New Zealand dollar traded near the highest levels in almost four months against the Australian dollar and is expected to keeping pushing higher given the impact of falling commodity prices across the Tasman coupled with New Zealand's better economic outlook. The kiwi traded at 94.88 Australian cents as at 5pm in Wellington versus 94.83 Australian cents at 8am and 94.95 late yesterday. It has rallied from as low as 90.66 cents in mid-March. The local dollar fell to 70.46 US cents from 70.67 ce...

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