NZ dollar pushes higher against yen, benefiting from domestic data

Mon, 19 Jun 2017

By Rebecca Howard June 19 (BusinessDesk) - The New Zealand dollar extended its gain against the yen, benefiting after the Bank of Japan left its ultra-loose monetary policy unchanged last week domestic data painted an upbeat outlook ahead of this week's local interest rate review. The kiwi rose to 80.76 yen as at 5pm from 80.34 yen late Friday. It was trading at 72.78 US cents from 72.48 cents Friday and at 95.50 Australian cents versus 95.06 Australian cents. Economists expect New Zealand's Reserve Bank to keep rates on hold at 1.75...

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