NZ dollar inches lower against greenback, drops against yen in uncertain markets

Fri, 21 Dec 2018

By Rebecca Howard Dec. 21 (BusinessDesk) - The New Zealand dollar is headed for a 0.3 percent weekly fall against the US dollar - and a 2 percent drop against the yen - as jittery markets wait to see whether a partial US government shutdown can be averted before Christmas. The kiwi traded at 67.73 US cents at 5pm in Wellington, versus 67.37 cents yesterday and 67.95 cents last Friday in New York. It traded 75.36 yen, from 75.66 yen late yesterday and 76.86 yen last Friday. Global uncertainty prevailed after the US House of Representa...

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