NZ dollar little changed above 72 US cents as Trump weighs on greenback

Mon, 23 Jan 2017

By Jonathan Underhill Jan. 24 (BusinessDesk) - The New Zealand dollar was little changed above 72 US cents, near its highest in more than a month, after US President Donald Trump expounded plans for protectionist policies including renegotiation of trade agreements and a border tax. The kiwi traded at 72.12 US cents as at 8am in Wellington from 72.02 cents late yesterday. The trade-weighted index edged up to 78.77 from 78.65. The US dollar index, which measures the greenback against a basket of currencies, fell to then lowest since Dec...

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