NZ dollar weighed by ongoing US-China trade jitters

Sun, 04 Aug 2019

By Rebecca Howard Aug. 5 (BusinessDesk) - The New Zealand dollar remains under pressure as trade jitters continue to weigh on global risk appetite. The kiwi was trading at 65.28 US cents at 8am in Wellington from 65.40 late Friday in New York. The trade-weighted index was at 72.25 points from 72.38. Trade war concerns were rekindled after US President Donald Trump announced plans to impose additional tariffs on $300 billion of Chinese imports on Sept 1. Chinese state media has expressed pessimism about whether trade talks with the Un...

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