Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar rises on G-7’s statement stumble, increased risk appetite
The New Zealand dollar rallied above 84 US cents after a Group of Seven leading nations’ official said the body was concerned about excessive moves in the yen, leading to broad selling of the greenback and lifting so-called riskier currencies. The New Zealand dollar recently traded at 84.06 US cents, having climbed as high as 84.36 cents overnight, from 83.50 …
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