Business

NZD gains vs Aussie

The New Zealand dollar gained against its trans-Tasman counterpart after the Reserve Bank of Australia's warning on rising household debt triggered a rethink on the chance of a rate hike next year. 

The kiwi rose to 91.75 Australian cents as at 8am in Wellington from 91.36 cents yesterday. It slipped to 65.93 US cents from 66.10 cents. 

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