NZ dollar slides to 5-month low against Aussie

Fri, 13 Sep 2019

By Jenny Ruth Sept. 13 (BusinessDesk) - The New Zealand dollar reached a five-month low against the Australian currency as the latter benefited more on news that United States President Donald Trump is willing to make an interim trade deal with China. The kiwi was trading at 93.15 Australian cents at 5pm in Wellington from 93.30 at 7:45am. It was off the day's low at 93.13 Australian cents, the lowest level since hitting 93.06 on April 17. "Any news on the trade front is going to help the Aussie more than the kiwi," Michael Johnston, a...

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