NZ dollar little changed ahead of CPI and RBNZ update

Sun, 17 Jul 2016

By Paul McBeth July 18 (BusinessDesk) - The New Zealand dollar was little changed from the New York close as investors wait for local inflation data this morning and an unexpected economic update from the Reserve Bank later this week. The kiwi traded at 71.21 US cents at 8am from 71.09 cents at the New York close on Friday, down from 71.54 cents at 5pm in Wellington. The trade-weighted index was little changed at 76.11 from 76.13. The second quarter consumers price index data today will be closely watched ahead of the Reserve Bank's...

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