NZ dollar heads for 0.4% weekly gain as North Korean news cheers markets

Fri, 09 Mar 2018

By Rebecca Howard March 9 (BusinessDesk) - The New Zealand dollar is headed for a 0.4 percent weekly gain against the greenback after getting a lift from North Korean leader Kim Jong Un's offer to stop nuclear missile testing and US President Donald Trump agreed to meet Kim possibly before May. The kiwi dollar traded at 72.65 US cents as at 5pm versus 72.55 US cents as at 8am in Wellington and from 72.91 cents late yesterday. It was at 72.34 last Friday in New York. The trade-weighted index was at 74.65 from 74.73. Asian markets were...

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