NZ dollar pares losses; political jitters return across Tasman

Tue, 23 Oct 2018

By Rebecca Howard Oct. 23 (BusinessDesk) - The New Zealand dollar pared some of its losses against the Australian dollar as political jitters across the Tasman weighed on sentiment. The kiwi traded at 92.55 Australian dollars at 5pm in Wellington from 92.45 Australian cents at 8am and from 93.23 cents yesterday. It was at 65.40 US cents versus 65.92 cents yesterday, after opening sharply lower on the stronger US dollar. While both the kiwi and the Aussie fell on concerns that China and the US were digging in for a long trade battle, t...

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