NZ dollar rises as US-China trade negotiations dominate

NZ dollar rises as US-China trade negotiations dominate
Jenny Ruth
The New Zealand dollar firmed slightly after being batted hither and yon by news reports emanating from the China-US trade negotiations. The kiwi was trading at 63.14 US cents at 5pm in Wellington from 62.94 cents at 8am. The trade-weighted index was at 70.43 points from 70.30. Earlier today, the domestic currency fell in tandem with the Australian dollar after China's yuan fell on a South China Morning Post report that the negotiations aren't going well and that the Chinese delegation refuses to talk about forced technology transfers, a...

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