NZ dollar little changed ahead of local inflation data

Mon, 20 Jan 2014

By Paul McBeth Jan. 21 (BusinessDesk) - The New Zealand dollar was little changed ahead of local inflation data which is expected to inform the Reserve Bank’s decision when it reviews monetary policy next week, and after a holiday in the US on Monday kept trading volumes light. The kiwi increased to 82.61 US cents at 8am in Wellington from 82.43 cents yesterday. The trade-weighted index was little changed at 78.45 from 78.37 last week. New Zealand’s consumers price index is forecast to have increased at an annual pace of 1.5 percent in th...

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