NZ dollar weaker as US-China jitters weigh on market sentiment

Sun, 29 Sep 2019

By Rebecca Howard Sept. 30 (BusinessDesk) - The New Zealand dollar was weaker after rumours the US was considering delisting Chinese companies from US stock exchanges among the latest move in the US-China trade war. The kiwi was trading at 62.81 US cents at 8:05 am in Wellington versus 62.95 cents late Friday in New York. The trade-weighted index was at 70.25 from 70.29. The major focus for markets was rumours that the US “might use a new form of screw tightening in the trade war,” said Kiwibank trader Mike Shirley. The US is r...

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