NZ dollar holds above 68 US cts as Trump-Xi meeting looms

Thu, 29 Nov 2018

By Paul McBeth Nov. 30 (BusinessDesk) - The New Zealand dollar held above 68 US cents ahead of the much-anticipated meeting between US and Chinese leaders that may dictate whether their trade stoush eases or escalates. The kiwi traded at 68.44 US cents as at 8am in Wellington from 68.55 cents yesterday. The trade-weighted index was at 74.59 from 74.66. Investors are awaiting US President Donald Trump's meeting with his Chinese counterpart Xi Jinping on the sidelines of the G20 meeting in Buenos Aires this weekend. Trade tensions betw...

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