Little or no respite for the New Zealand dollar

Little or no respite for the New Zealand dollar
(Image: Getty)
Rebecca Howard
So far, there is little or no respite for the beleaguered New Zealand dollar, despite some easing in trade tensions.Markets have been jittery after China announced controls on rare earth exports, a move that was countered by US President Donald Trump, who threatened additional 100% tariffs on Chinese imports. On Monday, Trump said he expected to reach a fair trade deal with China. The NZ dollar (NZD) last traded at 57.42 US cents after bouncing off last week’s six-month low of 56.83 US cents.‘A clear path’ Howev...

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