NZ dollar little changed as RBA holds the line, traders watch Greece

Tue, 07 Jul 2015

By Paul McBeth July 7 (BusinessDesk) - The New Zealand dollar traded in a 20 basis point range in local trading as the Reserve Bank of Australia kept interest rates unchanged, and as markets continue to watch the fall-out from Greece's vote against adopting harsh austerity measures to access bail-out funds. The kiwi was little changed at 66.61 US cents at 5pm in Wellington from 66.84 cents at 8am and 66.71 cents yesterday. It fell to 88.97 Australian cents from 89.20 cents yesterday. The RBA kept the target cash rate 2 percent, saying...

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