NZ dollar little changed as US healthcare vote seen testing Trump's policy resolve

Thu, 23 Mar 2017

By Jonathan Underhill March 24 (BusinessDesk) - The New Zealand dollar was little changed as financial markets awaited the outcome of a US vote to repeal the Affordable Care Act, known as Obamacare, as a test of whether the Trump administration can enact a policy platform that could stoke the US economy and inflation. The kiwi traded at 70.29 US cents as at 8am in Wellington, from 70.39 cents late yesterday. The trade-weighted index was at 76.28 from 76.33. Traders view the healthcare reform as a key test of President Donald Trump beca...

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