NZ dollar little changed against greenback as attempts to rally quickly snuffed out

Tue, 29 Nov 2016

By Edwin Mitson Nov. 29 (BusinessDesk) - The New Zealand dollar was little changed against the US dollar, with attempts to rally on Wednesday quickly snuffed out by a risk-off attitude in Asia. The kiwi dollar traded at 70.69 US cents at 5pm in Wellington from 70.76 cents late yesterday. The trade-weighted index rose was little changed at 77.70 from 77.68. Tim Kelleher, head of institutional foreign exchange sales at ASB Bank in Auckland, said there had been some profit taking in the last twenty-four hours after the US dollar index c...

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