NZ dollar rises to highest level in more than 2 months as commodities gain

Tue, 02 Jan 2018

By Jonathan Underhill Jan. 3 (BusinessDesk) - The New Zealand dollar rose to its highest level in more than two months as gains in prices of raw materials lifted commodity-linked currencies and the greenback weakened. The kiwi traded at 71.04 US cents as at 8am in Wellington, and earlier touched 71.30 cents the highest since late October, from 71.03 cents late yesterday. The trade-weighted index was little changed from yesterday at 73.88. The CRB Index of 19 commonly traded commodities rose 0.4 percent to the highest level in almost 12...

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