NZ dollar slips vs Aussie on strong building approvals across the Tasman

Tue, 09 Jan 2018

By Rebecca Howard Jan. 9 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar after figures showing a sharp jump in building approvals across the Tasman revived optimism about the strength of Australia's economy. The kiwi declined to 91.31 Australian cents as at 5pm in Wellington from 91.54 cents at 8am and 91.43 cents yesterday. It was at 71.79 US cents from 71.78 cents yesterday. Australian building approvals climbed 12 percent in November from October, driven by a 31 percent jump in apartment permits, the Aust...

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