Dollar falls but financial markets 'reasonably relaxed' about Key's resignation
The kiwi didn't drop as sharply as it could have, analyst says. Plus, Business NZ reaction. With video.
The New Zealand dollar’s fall could have been a lot sharper if it weren’t for the prospect of Bill English taking up the mantle as prime minister, says Craig’s Investment Partners’ Mark Lister.
The kiwi fell just over half a cent after Prime Minister John Key announced he was stepping down
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Jason Walls and Duncan Bridgeman
Mon, 05 Dec 2016
Mon, 05 Dec 2016
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Dollar falls but financial markets 'reasonably relaxed' about Key's resignation
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