NZ dollar gains against most currencies as shares, commodities rise

Mon, 15 Apr 2019

By Jenny Ruth April 15 (BusinessDesk) - The New Zealand dollar was steady against the US dollar and slightly higher against other major currencies on the back of rising equities and commodity markets. As well, investors are growing more optimistic that China and the United States will soon reach an agreement to end their nine-month trade war. The kiwi was trading at 67.72 US cents at 5pm in Wellington, unchanged from at 8am. The the trade-weighted index was at 73.29 points from 73.19. “It’s risk-on across the board. Stocks are going...

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