New Zealand Prime Minister-elect Jacinda Ardern said she would spend Friday ironing out issues and ministerial posts with coalition partner New Zealand First, one day after becoming the Pacific nation's youngest leader in more than 150 years.
The previous night's highly anticipated announcement by New Zealand First leader Winston Peters that he would support 37-year-old Ardern's Labour Party had ended a decade of center-right National rule and spelt big changes for the country's economy.
The New Zealand dollar - the world's 11th-most traded currency - was down 1.7 percent, after its largest one-day fall in more than a year amid jitters around the new government's protectionist agenda.
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