NZ dollar little changed as traders await central bank policy meetings

Tue, 27 Oct 2015

By Paul McBeth Oct. 27 (BusinessDesk) - The New Zealand dollar was little changed as investors took a cautious approach ahead of the Reserve Bank and Federal Reserve policy reviews later this week, which will firm up views on the diverging paths of the two nations' monetary policies. The kiwi traded at 67.75 US cents at 5pm in Wellington from 67.84 cents at 8am, and 67.81 cents yesterday. The trade-weighted index increased to 72.96 from 72.76 on Friday, with the local market closed on Monday for the Labour Day holiday. Policy meetings...

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