NZ dollar rises with equities markets, boosted by positive export data

Tue, 26 May 2020

The New Zealand dollar rose as the mood in equities markets around the world improved and the currency got a kicker from trade data showing local exports held up well through the nation's lockdown. The kiwi was trading at 61.26 US cents at 5pm in Wellington, up from 60.97 cents at the same time yesterday. The trade-weighted index was at 69.23 from 69.04 yesterday. Today's data showed New Zealand posted a record monthly trade surplus of $1.3 billion in April after imports sank 22 percent to $4 billion in the steepest decline since October...

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