NZ dollar firms against USD; trading quiet amid fragile sentiment

Mon, 29 Oct 2018

By Rebecca Howard Oct. 29 (BusinessDesk) - The New Zealand dollar continued to recover against the greenback as risk appetite improved but trading was light amid fragile sentiment. The kiwi traded at 65.32 US cents at 5pm in Wellington, from 65.16 US cents at 8am in Wellington and 65.09 cents on Friday in New York. The trade-weighted index was at 71.73 from 71.48 last week. The kiwi fell sharply late last week amid intense volatility on global stock markets. It recovered ground overnight Friday on speculation the People's Bank of Chin...

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