NZ dollar little changed ahead of RBNZ rate review

Wed, 11 Sep 2013

By Paul McBeth Sept. 11 (BusinessDesk) - The New Zealand dollar was little changed ahead of tomorrow’s rate review by the central bank, which will give analysts their first insight into the likely impact of home loan restrictions. The kiwi traded at 80.37 US cents at 5pm in Wellington from 80.64 cents at 8am, little changed from 80.44 cents yesterday. The trade-weighted index was 75.74 from 75.72 yesterday. Central bank governor Graeme Wheeler is expected to keep the official cash rate unchanged at 2.5 percent tomorrow in his first review...

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