NZD dives after jobs data
The New Zealand dollar fell an Australian cent and three-quarters of a US cent after weaker than expected employment figures revived the possibility that the Reserve Bank may cut interest rates.
The kiwi was trading at 67.54 US cents at 5pm in Wellington from 68.30 at 8am and at 95.02 Australian cents from 96.01.
TO READ THE FULL STORY ON NEWSROOM PRO
SUBSCRIBE TO PRO
Subscribe now to start a free trial of
View our subscription options
Newsroom Pro for 28 days.
With thanks to our partners