NZ dollar trades near 7-year high vs. yen before services, retail data

Sun, 16 Nov 2014

By Jonathan Underhill Nov. 17 (BusinessDesk) - The New Zealand dollar held near a seven-year high against the yen before services sector and retail sales figures that are expected to show the domestic economy continues to grow apace. The kiwi traded at 92.23 yen at 8am in Wellington, little changed from late New York trading on Friday, when it reached 92.24 yen, the highest since 2007. The local currency traded at 79.15 US cents, little changed from New York, when it touched 79.38 cents. The kiwi has gained against a broadly weaker ye...

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