NZ dollar little changed against Australian dollar ahead of release of RBA minutes

Mon, 16 Sep 2013

By Tina Morrison Sept. 17 (BusinessDesk) – The New Zealand dollar is little changed against the Australian dollar before the release of minutes from the Reserve Bank of Australia’s last meeting which may signal whether Australian interest rates will remain on hold or fall further. The kiwi was at 87.61 Australian cents at 8am in Wellington, from 87.77 cents at the 5pm market close yesterday. The local currency rose to 81.62 US cents, from 81.88 cents yesterday. The New Zealand dollar has risen about 10 percent against its Australian counterp...

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