NZ dollar trades in tight range vs greenback, falls vs pound as Brexit vote looms

Tue, 21 Jun 2016

By Jonathan Underhill June 21 (BusinessDesk) - The New Zealand dollar traded in its tightest daily range against the greenback this year and fell against the pound as Britain's looming referendum on whether to leave the European Union cast a shadow over financial markets. The kiwi dollar traded at 71.12 US cents as at 5pm in Wellington, from 71.17 cents late yesterday, having moved in a range of just 23 points over the day. The local dollar fell to 48.51 British pence, from 48.77 pence yesterday. Bookmakers have average odds of 26 per...

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