NZ dollar remains below 69 US cents on weaker commodities, trade threats

Fri, 28 Apr 2017

By Jonathan Underhill April 28 (BusinessDesk) - The New Zealand dollar was little changed below 69 US cents, having fallen along with other commodity-linked currencies as raw material prices fell and the market focussed on US President Donald Trump's protectionist approach to trade. The kiwi traded at 68.76 US cents at 5pm in Wellington, little changed over the course of the day, having fallen overnight from 69.10 cents late yesterday. The trade-weighted index fell to 74.75 from 75.05. Commodity markets have been rattled by the Trump...

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