Little to stir N.Z. dollar
PA Wellington The New Zealand dollar drifted slightly in lifeless trade yesterday and dealers said there was little to stir the currency from its narrow trading band. The kiwi dollar closed at U561.55/65C, against its open at U561.57/67C and Wednesday’s close at U562.00/10c. It traded between U 561.48 and U561.90C.
On the cross rates, the kiwi dollar was worth Aust7B.77c, 1.1595 marks, 36.56 p, 82.744 yen and 0.9819 Swiss francs. The Reserve Bank trade weighted index closed the day at 62.2, firmer on its opening at 62.0 but easier on Wednesday’s close at 62.5. In Sydney the Australian dollar closed slightly weaker after firming towards the midsession and easing away this afternoon in the face of
selling orders by corporate customers. The currency finished at U578.20/30c, down from its opening at U578.40/45c and its high at U578.55C. It was marginally off last night’s close at U578.25/33C. Against the kiwi dollar the Aussie firmed to $NZ1.2703/ 35 from $NZ1.2656/87 last. But it was weaker at 104.86/ 99 yen from 105.35/48 and 0.4636/43 Stg from 0.4659/66.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19880930.2.110.9
Bibliographic details
Press, 30 September 1988, Page 18
Word Count
179Little to stir N.Z. dollar Press, 30 September 1988, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in