NZ dollar lifts against USD as China offers no immediate trade retaliation

Tue, 18 Sep 2018

By Rebecca Howard Sept. 18 (BusinessDesk) - The New Zealand dollar rose against the greenback as markets took new US tariffs on Chinese imports in their stride and there was no immediate retaliation from China. The kiwi traded at 65.90 US cents at 5pm in Wellington from 65.78 US cents at 8am and 65.54 cents yesterday. The trade-weighted index was at 71.57 from 71.34 yesterday. The kiwi dipped after the Office of the US Trade Representative released a list of approximately US$200 billion worth of Chinese imports that will be subject t...

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