NZ dollar trades little changed as US budget talks bear down on deadline

Sun, 30 Dec 2012

Dec. 31 (BusinessDesk) – The New Zealand dollar was little changed against the greenback as traders awaited developments on US budget talks, with the fiscal cliff deadline now just two days away. The kiwi dollar traded at 81.94 US cents from 81.93 cents in New York on Friday. The trade-weighted index was at 73.53 from 73.55. President Barack Obama told NBC's Meet the Press in an interview on Saturday that he was “modestly optimistic yesterday, but we don't yet see an agreement.” Senate Democrats have rejected the Republican’s latest offer on...

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