NZ dollar little changed before RBNZ statement that may nudge up track for interest rates

Wed, 08 Feb 2017

By Jonathan Underhill Feb. 9 (BusinessDesk) - The New Zealand dollar was little changed, holding just above 73 US cents, ahead of a Reserve Bank statement that may project a higher track for interest rates than the steady-as-she-goes projection it gave three months ago. The kiwi traded at 73.05 US cents as at 8am in Wellington from 73.04 cents late yesterday. The trade-weighted index sat at 79.50, well above the 76.4 average level the RBNZ forecast in its November monetary policy statement, from 79.52 yesterday. The central bank is wi...

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