NZ dollar little changed ahead of MPS which has potential to surprise market

Wed, 08 Nov 2017

By Rebecca Howard Nov. 8 (BusinessDesk) - The New Zealand dollar was little changed ahead of the central bank monetary policy review tomorrow, despite some economists warning the market may be taken by surprise. The kiwi dollar traded at 68.97 US cents as at 5pm, unchanged from 8am in Wellington and down from 69.32 cents late yesterday. The trade-weighted index was at 73.30 from 73.52. The kiwi came under pressure after a 3.5 percent fall in dairy products in the overnight GlobalDairyTrade auction brought into question whether dairy...

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