Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »NZ dollar gains as renewed risk appetite pushes Asian stocks higher
The New Zealand dollar gained in local trading as investors’ appetite for higher-yielding assets bounced back, though a slew of data showing slower global growth this week may temper those gains. The kiwi rose to 84.33 US cents at 5pm in Wellington from 83.91 cents at 8am, and 84.19 cents on Friday in New York. The trade-weighted index advanced to …
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