NZD dollar tad higher after Fed minutes, mild US inflation

Wed, 10 Apr 2019

By Rebecca Howard April 11 (BusinessDesk) - The New Zealand dollar firmed against the US dollar after minutes from the latest Federal Reserve policy meeting underscored the US central bank will remain patient when it comes to any change in interest rates. The kiwi was trading at 67.61 at 8am in Wellington from 67.51 at 5pm yesterday. The trade-weighed index was at 73.33 from 73.17. "In light of global economic and financial developments and muted inflation pressures, the committee will be patient as it determines what future adjustme...

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