NZ dollar extends gain over greenback

UNCERTAINTY over the timing of US interest rate hikes have seen the kiwi rise against the greenback and the Aussie dollar.

THE New Zealand dollar extended its gain as uncertainty over the timing and pace of US interest rate hikes continue to weigh on the greenback.

THE kiwi rose to 68.22 US cents at 5pm in Wellington from 67.85 cents at 8am and 66.77 cents on Wednesday.