NZ dollar falls as Chinese share trading suspended again

Thu, 07 Jan 2016

By Paul McBeth Jan. 7 (BusinessDesk) - The New Zealand dollar fell as the suspension of trading on Chinese share markets for a second time this week stoked fears about the strength of the world's second-biggest economy and the impact on its trading partners. The kiwi traded at 66.36 US cents at 5pm in Wellington from 66.29 cents at 8am, down from 66.53 cents yesterday. The local currency rose to 4.3737 Chinese yuan from 4.3545 yuan yesterday. Trading in Chinese stocks was suspended after the Shanghai Composite index fell 7.3 percent a...

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