NZ dollar little changed vs yen after BOJ minutes show stimulus to remain

Tue, 26 Dec 2017

Dec. 27 (BusinessDesk) - The New Zealand dollar was little changed against the yen after minutes of the Bank of Japan's last policy meeting showed a strong desire to maintain stimulus measures for the time being. The kiwi traded at 79.54 yen as at 8:30am in Wellington from 79.50 yen late yesterday. The kiwi rose to 70.32 US cents from 70.20 cents yesterday. The trade-weighted index was at 73.83 from 73.79. Most members of the Bank of Japan's policy board deemed it appropriate to keep monetary easing in place, according to the minutes of...

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