NZ dollar falls as Kudlow talks up greenback, commodity prices slide

Thu, 15 Mar 2018

By Jonathan Underhill March 16 (BusinessDesk) - The New Zealand dollar declined after comments from US President Donald Trump's new economic adviser Larry Kudlow that he favoured a stronger greenback and as commodity prices fell. The kiwi dollar dropped to 72.69 US cents as at 8am in Wellington from 73.27 cents late yesterday. The trade-weighted index fell to 74.63 from 74.95. Kudlow, named to the White House advisory role in a tweet from Trump yesterday told CNBC he would like to see the US dollar "a wee bit stronger" and that he woul...

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