NZ dollar rises against Aussie, steady vs USD on easing Italy worries

Thu, 31 May 2018

By Rebecca Howard May 31 (BusinessDesk) - The New Zealand dollar gained against the Australian dollar and was steady against the greenback as global risk appetite outweighed weak domestic business confidence. The kiwi traded at 92.38 Australian cents as at 5pm in Wellington from 92.19 Australian cents as at 8am and from 92.15 cents late yesterday. It was at 69.84 US cents from 69.89 US cents as at 8am and 69.10 cents late yesterday. The kiwi got a lift overnight when fears about political turmoil in Italy eased and held those gains in...

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