Business

NZD firms ahead of labour market data

 The New Zealand dollar jumped 1 percent on stronger-than-expected September quarter jobs data that has economists now wondering whether the central bank will ditch talk of the possibility of an interest rate cut when it releases its latest monetary policy statement tomorrow.  

The kiwi traded at 67.34 US cents at 12:20pm versus 66.67 US cents just prior to news that the unemployment rate fell to 3.9 percent in the three months through September, from 4.4 percent i

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