NZ dollar heads for 2.2% weekly gain on improving global sentiment, domestic data

Fri, 21 Sep 2018

By Rebecca Howard Sept. 21 (BusinessDesk) - The New Zealand dollar is headed for a 2.2 percent weekly gain against the greenback, boosted by strong domestic growth data and a lift in global risk appetite. The kiwi traded at 66.93 US cents at 5pm in Wellington versus 66.85 US cents at 9am in Wellington and 66.44 cents yesterday. It was at 65.46 last Friday in New York. The trade-weighted index was at 72.29 from 71.98 yesterday. The New Zealand dollar lifted after U.S. and Chinese tariffs on each other’s goods were set at lower rates th...

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