NZ dollar gets lift from news Chinese delegation heading to US for trade talks

Thu, 16 Aug 2018

By Rebecca Howard Aug. 16 (BusinessDesk) - The New Zealand dollar gained against the greenback as markets were cheered by news a Chinese delegation will travel to the United States for talks later this month. The kiwi traded at 65.83 US cents at 5pm versus 65.63 cents at 8am in Wellington and 65.57 cents yesterday. The trade-weighted index was at 71.65 from 71.58. China will dispatch Vice Commerce Minister Wang Shouwen to the US for low-level trade talks in late August, Bloomberg reported. Sentiment lifted as it will be the first offic...

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