NZ dollar rises; bank capital rules less harsh than expected

The New Zealand dollar rose after the Reserve Bank's final decisions on bank capital proved less onerous than feared. The kiwi was trading at 65.35 US cents at 5pm after spiking at 65.62 cents earlier from 65.25 cents at 8am. The trade-weighted index was at 72.27 points from 72.14. The RBNZ ex... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/nz-dollar-rises-bank-capital-rules-less-harsh-than-expected

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