NZ dollar pushes above 71 US cents as investors regain confidence after Brexit vote

Wed, 29 Jun 2016

By Tina Morrison June 30 (BusinessDesk) - The New Zealand dollar popped above 71 US cents overnight as investors regained some confidence after the UK last week voted to leave the European Union. The kiwi touched a high of 71.36 US cents early this morning, and was trading at 71.03 cents at 8am in Wellington, from 70.82 cents at 5pm yesterday. The trade-weighted index edged up to 75.97 from 75.93 yesterday. Global stock markets rebounded for a second day as concerns eased about the impact of the Brexit vote, lifting oil prices and boos...

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