NZ dollar falls vs yen, steady vs greenback after Trump unveils tariffs on China

Thu, 22 Mar 2018

By Jonathan Underhill March 23 (BusinessDesk) - The New Zealand dollar fell against the yen, which was broadly stronger as US President Donald Trump's announcement of US$60 billion of tariffs on Chinese goods stoked concerns about a trade war. The kiwi dollar fell to 76.25 yen as at 8:30am in Wellington from 76.45 yen late yesterday. It dropped as low as 75.95 yen overnight - near its lowest since April last year. The kiwi traded at 72.22 US cents from 72.35 cents yesterday. Trump revealed the first steps in sanctions against China, si...

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