NZ dollar strongest performer against greenback as investors weigh prospect of US govt shutdown

NZ dollar strongest performer against greenback as investors weigh prospect of US govt shutdown
By Tina Morrison Oct. 1 (BusinessDesk) – The New Zealand dollar jumped against the greenback overnight as investors weigh the imminent prospects of a partial US government shutdown later today should Congress fail to reach agreement on funding. The kiwi rose to 83.03 US cents at 8am in Wellington, from 82.84 cents at the 5pm market close in Wellington yesterday, making it the strongest performer versus the US dollar among actively traded major currencies, according to Reuters data. The trade-weighted index gained to 77.33 from 77.19 yesterday...