Business

NZ dollar gains

The New Zealand dollar edged up after Dallas Federal Reserve President Robert Kaplan noted the need for caution about the pace of interest rate increases and US bond yields reversed some of their recent gains.

The kiwi increased to 64.66 US cents as at 8am in Wellington from 64.44 cents yesterday. The trade-weighted index advanced to 70.84 from 70.64.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS