NZ dollar falls vs yen as investors seek safe havens ahead of Trump's China tariff decision

Thu, 06 Sep 2018

By Paul McBeth Sept. 7 (BusinessDesk) - The New Zealand dollar fell against the yen as investors flocked to the relative safety of Japan's currency ahead of US President Donald Trump's decision on whether to impose tariffs on another US$200 billion of Chinese imports. The kiwi fell to 73.01 yen as at 8am in Wellington from 73.32 yen yesterday. It was largely unchanged at 65.88 US cents from 65.84 cents. Japan's yen and the Swiss franc both strengthened 0.7 percent as investors sought out safe-haven assets ahead of Trump's decision on...

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