NZ dollar pushes through 67 US cents on exporter buying

NZ dollar pushes through 67 US cents on exporter buying
Gavin Evans
The New Zealand dollar pushed through 67 US cents as exporters converted foreign sales proceeds for year-end and on expectations a preliminary trade deal between the US and China will be signed. The kiwi, already at a five-month high, was trading at 67.11 US cents at 5pm in Wellington, from 66.98 cents in New York late Friday and 66.79 cents in Wellington last week. The trade-weighted index rose to 73.44 from 73.41 in New York and 73.31 in Wellington last week. Kevin Morgan, a senior dealer at OMF, said the kiwi appeared to be benefiti...

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