NZ dollar little changed as investors await RBA review, US jobs data

Mon, 31 Mar 2014

By Paul McBeth March 31 (BusinessDesk) - The New Zealand dollar was little changed as investors await tomorrow’s Reserve Bank of Australia policy review, and US employment figures later in the week for a steer on global growth prospects. The kiwi was unchanged at 86.56 US cents at 5pm in Wellington from 8am, and little changed from 86.58 cents on Friday in New York. The trade-weighted index slipped to 80.86 from 81.03 last week. The RBA is expected to keep the target cash rate at 2.5 percent when it reviews monetary policy tomorrow, and t...

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