NZ dollar rises as greenback falls on Mexican tariff worries

Thu, 06 Jun 2019

By Jenny Ruth June 6 (BusinessDesk) - The New Zealand dollar rose against the greenback as talks between US and Mexican officials failed to reach a deal that could stave off the tariffs President Donald Trump has threatened on all Mexican goods entering America from Monday. The kiwi was trading at 66.26 US cents at 5pm in Wellington from 66.16 at 7:55am. The trade-weighted index climbed to 72.76 points from 72.66. Tweeting from Ireland, Trump said there had been progress during the talks with Mexico, “but not nearly enough.” He is tryi...

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