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.
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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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