NZ dollar weighed by tensions in Hong Kong, political turmoil in Argentina

Mon, 12 Aug 2019

By Rebecca Howard Aug. 13 (BusinessDesk) - The New Zealand dollar fell as global risk appetite was dented by escalating tensions in Hong Kong and political ructions in Argentina. The kiwi was trading at 64.46 US cents at 8am versus 64.69 US cents at 5:05pm in Wellington. The trade-weighted index was at 71.71 points from 71.88 points. “Risk-off was the central theme of the overnight session,” said Kiwibank trader Mike Shirley, who pointed to ongoing protests in Hong Kong and political disruption in Argentina. The Argentine peso tumbl...

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