NZ dollar little changed as US political stalemate continues

Tue, 08 Oct 2013

By Tina Morrison Oct 9 (BusinessDesk) – The New Zealand dollar was little changed as investors hold off making bets on the currency while US lawmakers remain in a stalemate over budget talks as the deadline to increase their debt ceiling looms. The kiwi was little changed at 82.90 US cents at 8am in Wellington from 82.93 cents at the 5pm market close yesterday. The trade-weighted index was little changed at 76.86 from 76.88 yesterday. The US government partial shutdown is now in its second week after politicians failed to agree on passing th...

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