NZ dollar little changed as RBA minutes confirm rate views, Cyprus worries linger

Tue, 19 Mar 2013

March 19 (BusinessDesk) – The New Zealand dollar was little changed after the Reserve Bank of Australia released minutes of its last policy meeting, giving little further in the way of clues to its interest rate intentions. The kiwi dollar traded at 82.48 US cents, little changed from the start of New Zealand trading and up from 82.33 cents the previous day. The trade-weighted index rose to 75.89 from 75.75. The Reserve Bank of Australia said the economy across the Tasman is showing signs of responding to low interest rates though it stands...

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