Business

NZD inches higher before RBA’s statement

The  New Zealand dollar inched higher against the US dollar as investors were reluctant to place fresh bets before the outcome of the US elections as well as central bank decisions in Australia, New Zealand and the US this week. 

The kiwi traded at 66.66 US cents at 8.30am in Wellington versus 66.61 US cents at the previous day’s close. The trade-weighted index was at 72.82 from 72.58.

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