NZ dollar unwinds some gains against Aussie

Fri, 21 Apr 2017

By Rebecca Howard April 21 (BusinessDesk) - The New Zealand dollar unwound yesterday's gains against the Australian dollar but still ended the week higher, despite improving iron ore prices giving the Aussie a boost. The kiwi was trading at 92.97 Australian cents at 5pm from 93.70 cents yesterday and 92.28 cents late Friday a week ago in New York. Against the greenback, it fell over the week to 70.01 US cents from 69.97 cents and from 70.37 cents yesterday. The kiwi gained strongly yesterday against both the Aussie and the greenback o...

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