NZ dollar remains below 69 US cents, sidelined in jittery markets

Tue, 26 Jun 2018

By Rebecca Howard June 26 (BusinessDesk) - The New Zealand dollar held below 69 US cents but was largely sidelined as markets remain jittery about the global economic impact of rising trade tensions. The kiwi traded at 68.92 US cents as at 5pm in Wellington from 68.94 cents at 8am and 69.01 cents yesterday. The trade-weighted index was at 73.30 from 73.36 yesterday. Asian equity markets tracked Wall Street lower after reports the US Treasury Department was drafting curbs that would block companies with at least 25 percent Chinese owne...

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