NZ dollar little changed after RBNZ stands pat, markets await vote to repeal Obamacare

Thu, 23 Mar 2017

By Rebecca Howard March 23 (BusinessDesk) - The New Zealand dollar was little changed, retreating from an earlier gain after the central bank reiterated rates will be on hold for the foreseeable future and as markets await the outcome of a US vote to repeal Affordable Care Act, also known as Obamacare. The kiwi fell to 70.39 US cents as at 5pm in Wellington versus 70.50 cents as at 8am in Wellington and from 70.30 cents late yesterday. The trade-weighted index was at 76.33 from 76.25. The central bank kept the official cash rate unchan...

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