NZ dollar eases amid snags in US-China trade talks

Wed, 20 Mar 2019

By Jenny Ruth March 20 (BusinessDesk) - The New Zealand dollar eased a little, dragged down as falling interest rates hurt the Australian dollar and concerns persisted about snags in trade talks between the United States and China. The kiwi traded at 68.33 US cents at 5pm in Wellington from 68.57 at 7:45am. The trade-weighted index was at 74.07 from 74.27. The Australian dollar fell to 70.73 US cents from 70.95. The domestic currency suffered “a bit of collateral damage from the weakness of the Australian dollar,” says Sheldon Slabb...

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