Tue, 11 Mar 2014 07:45:23 GMT
Kiwi rises to highest since 1985 as RBNZ lifts rates
The New Zealand's currency notably increased on Tuesday trading session rising towards the strongest level since 1985 amid expectations that the Reserve Bank of New Zealand may raise its benchmark refinancing rates on Thursday's policy meeting. The so-called Kiwi advanced to 79.51, according to data showed by Reuters.