NZ dollar hits 4-year low as White House downplays de-listing Chinese firms

Mon, 30 Sep 2019

By Paul McBeth Oct. 1 (BusinessDesk) - The New Zealand dollar hit a four-year low as the greenback was buoyed when concerns over the ongoing US-China trade war were allayed by the White House playing down reports that it was considering de-listing Chinese firms from the US stock exchange. The kiwi fell as low as 62.50 US cents, and was trading at 62.62 cents at 8am in Wellington from 62.66 cents at 5pm yesterday. The trade-weighted index was at 69.89 from 69.97. Stocks on Wall Street rose and the greenback remained strong after White...

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