NZ dollar little changed below 70 US cents as US Thanksgiving holiday leaves markets subdued

Thu, 24 Nov 2016

By Jonathan Underhill Nov. 25 (BusinessDesk) - The New Zealand dollar was little changed below 70 US cents, as the US Thanksgiving holiday left markets subdued, and may fall in the face of continued US dollar strength. The kiwi dollar traded at 69.96 US cents from 69.80 cents late yesterday, when it touched 69.68 cents, the lowest since July. The trade-weighted index rose to 77.24 from 77.15. The kiwi dollar has declined more than 5 percent against the greenback since Nov. 8, when Donald Trump won the US Presidential election, heraldin...

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