NZ dollar firm against greenback as risk appetite ticks up

Tue, 11 Dec 2018

By Rebecca Howard Dec. 11 (BusinessDesk) - The New Zealand dollar remained firm against the greenback after news that Chinese and US officials are still talking helped alleviate some fears of a global slowdown. The kiwi traded at 68.81 US cents at 5pm in Wellington versus 68.73 US cents at 8am and from 68.90 cents yesterday. The trade-weighted index was at 75.24 from 75.13. China's state-owned Xinhua News Agency reported that Chinese Vice Premier Liu He on Tuesday called U.S. Treasury Secretary Steven Mnuchin and Trade Representative...

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