YEAR IN REVIEW: Kiwi ends 2017 much where it started after volatile ride vs greenback

Thu, 21 Dec 2017

By Rebecca Howard Dec. 22 (BusinessDesk) - The New Zealand dollar will end 2017 very close to where it began against the greenback after a volatile ride on events in the US and the general election at home but did lose much of its shine against all other trading partners. The kiwi traded at 70.17 US cents as at 12pm in Wellington from 69.63 US cents at the end of 2016. During the year it traded in a 7.79 US cent range compared to a trading range in 2016 of about 12 cents. The kiwi gradually pushed higher against the greenback as mark...

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