NZ dollar little changed amid heightened global trade tensions

NZ dollar little changed amid heightened global trade tensions
Jenny Ruth
By Jenny Ruth May 31 (BusinessDesk) - The New Zealand dollar was little changed as traders grappled with increasing global uncertainty, exacerbated by United States President Donald Trump slapping – via tweet – a 5 percent tariff on all Mexican goods entering the US. The kiwi was trading at 65.10 US cents at 5:05pm in Wellington from 65.06 at 8:10am. The trade-weighted index rose to 71.84 points from 71.80. Trump’s tweet said that the tariff on Mexican imports would rise each month to reach 25 percent in October “until the illegal immi...

More Markets

Why this tech firm sees a Trump tariff opportunity
Markets The small cap wrap

Why this tech firm sees a Trump tariff opportunity

Plus IkeGPS' wins in the US, Trade Window targets trade war, TruScreen, and more.

US stocks surge on hopes of China trade deal
Markets

US stocks surge on hopes of China trade deal

Asian indexes closed mixed, while oil prices firmed.

AFP 9:30am
Fast-food sector in 'consolidation' stage: IbisWorld
Retail

Fast-food sector in 'consolidation' stage: IbisWorld

Higher costs are helping McDonald’s and KFC grab market share.

Infratil, Mainfreight hit by US news flow; NZX down 2.3%
Markets Market Close

Infratil, Mainfreight hit by US news flow; NZX down 2.3%

The S&P/NZX 50 fell 2.33% to 11,836.69 points.

Gregor Thompson 22 Apr 2025