NZ dollar unchanged in local trading as markets watch US developments

Mon, 22 Jan 2018

By Rebecca Howard Jan. 22 (BusinessDesk) - The New Zealand dollar was unchanged in the local session as investors took a wait-and-see stance on developments in Washington after the US federal government shut down and legislators remained at an impasse on a temporary funding agreement. The kiwi traded at 72.81 US cents as at 5pm in Wellington, unchanged from 8am, and barely budging from 72.75 cents on Friday in New York. The trade-weighted index was at 74.85 from 74.77 last week. Talks between Republican and Democratic leaders of the...

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