NZ dollar little changed ahead of RBNZ's stability report, Fed appearances

Mon, 27 Nov 2017

By Rebecca Howard Nov. 27 (BusinessDesk) - The New Zealand dollar fell but remained largely rangebound ahead of key events later in the week including the central bank's financial stability report as well as possible comments from the US Federal Reserve. The kiwi was trading at 68.62 US cents as at 5pm in Wellington versus 68.75 US cents as at 830am and 68.64 cents Friday. The trade-weighted index was at 72.35 from 72.47. Domestically markets will be watching for the Reserve Bank's six-monthly financial stability report due Wednesday...

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