NZ dollar inches above 65 US cents ahead of 3Q CPI data

Mon, 15 Oct 2018

By Rebecca Howard Oct. 15 (BusinessDesk) - The New Zealand dollar inched back above 65 US cents, sticking to a very tight range ahead of domestic inflation data tomorrow. The kiwi traded at 65.01 US cents at 5pm from 64.98 US cents at 8am and from 65.06 cents last week. The trade-weighted index was at 71.12 from 71.22 last week. Economists expect the consumers price index rose 0.7 percent in the three months ended Sept. 30, for an annual increase of 1.7 percent, according to the median in a poll of 14 economists surveyed by Bloomber...

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