NZ dollar rises after Finance Minister says it won't be included in RBNZ overhaul

Tue, 07 Nov 2017

By Rebecca Howard Nov. 7 (BusinessDesk) - The New Zealand dollar rose against the greenback after Finance Minister Grant Robertson indicated no plans to include the currency in the central bank's revised mandate and signalled no changes until March next year. The kiwi traded at 69.32 US cents as at 5pm versus 69.25 cents as at 8:30am in Wellington from 68.92 cents late yesterday. The trade-weighted index gained to 73.52 from 73.22. The kiwi lifted overnight after crude oil gained to a two-year high and found further support when Rober...

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