NZ dollar higher against USD as jitters about China-US trade tensions recede

Wed, 12 Dec 2018

By Rebecca Howard Dec. 12 (BusinessDesk) - The New Zealand dollar rose against US dollar on improving sentiment after US President Donald Trump seemed optimistic he could strike a trade deal with China and Canada released Huawei's chief financial officer Meng Wanzhou on bail. The kiwi traded at 68.90 US cents at 5pm in Wellington from 68.70 US cents at 8am and from 68.81 cents late yesterday. The trade-weighted index was at 75.35 from 75.24. On China trade, Trump told Reuters “we’ll probably have another meeting. And maybe a meeting...

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