NZ dollar little changed as Fed minutes show September rate hike 'close call'

Wed, 12 Oct 2016

By Paul McBeth Oct. 13 (BusinessDesk) - The New Zealand dollar was little changed as minutes to the September meeting of the Federal Open Market Committee showed US policymakers saw a rate hike as being a "close call". The kiwi traded at 70.72 US cents at 8.30am in Wellington from 70.81 cents yesterday. The trade-weighted index was at 76.08 from 76.03 yesterday. The US dollar index, a measure of the greenback against a basket of currencies, edged up 0.3 percent after minutes to the Federal Reserve's policy decision affirmed investors...

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