NZ dollar ekes out small weekly gain as investors fret about possible trade war

Fri, 23 Mar 2018

By Rebecca Howard March 23 (BusinessDesk) - The New Zealand dollar is headed toward a 0.1 percent weekly gain in the face of a broadly weaker greenback as investors fret about a possible trade war. The kiwi traded at 72.24 US cents as at 5pm in Wellington from 72.35 cents yesterday and up from 72.15 cents in New York a week ago. The trade-weighted index was at 74.27 versus 74.24. US President Donald Trump signed a presidential memorandum on Thursday that could impose tariffs on up to $60 billion of imports from China and China announce...

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