NZ dollar holds steady against greenback amid positive confidence surveys

Tue, 31 Mar 2015

By Tina Morrison April 1 (BusinessDesk) - The New Zealand dollar held steady against the US dollar after both countries saw gains in confidence surveys, signalling a positive outlook for their economies. The kiwi was at 74.80 US cents at 8am in Wellington, from 74.79 cents at 5pm yesterday. The trade-weighted index was unchanged at 78.67. The US dollar index, which measures the greenback against a basket of currencies, advanced after a report showed US consumer confidence rebounded in March, rising to 101.3 from 98.8 in February. Econo...

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