NZ dollar dips below 63 US cents on US-China trade worries

Tue, 08 Oct 2019

The New Zealand dollar slipped below 63 US cents as investors remained jittery about the outcome of the US-China trade talks this week. The kiwi was trading at 62.89 at 8am in Wellington versus 63.10 US cents at 5pm yesterday. The trade-weighted index was at 70.25 points from 70.43. About 30 Chinese officials, led by Vice Finance Minister Liao Min, entered the U.S. Trade Representative’s office for two days of negotiations, to be followed by the first minister-level trade talks in more than two months, according to Reuters. The White...

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