NZ dollar rises to more-than two-month high as Trump effect weighed, court rules on Brexit

Tue, 24 Jan 2017

By Jonathan Underhill Jan. 25 (BusinessDesk) - The New Zealand dollar climbed to its highest level in more than two months as markets assess the prospects of US president Donald Trump's policy plans and after a court ruling that the UK's Brexit must be triggered by a parliamentary vote. The kiwi rose as high as 72.77 US cents and traded at 72.39 cents as at 8am in Wellington from 72.44 cents late yesterday. The trade-weighted index rose to 79.09, having earlier touched its high for the year of 79.30, from 78.96 yesterday. The greenbac...

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