NZ dollar holds steady as risk sentiment improves on optimism about China, Greece

Thu, 09 Jul 2015

By Tina Morrison July 10 (BusinessDesk) - The New Zealand dollar was little changed as risk sentiment improved following a bounce in Chinese equities and as Greece submitted new proposals for its creditors ahead of talks this weekend. The kiwi traded at 67.28 US cents at 8am in Wellington, from 67.31 cents at 5pm yesterday. The trade-weighted index was at 71.12 from 71.03 yesterday. Investor sentiment towards more risky assets improved as Chinese stocks rallied after the country’s regulator banned key shareholders from selling for the...

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