NZ dollar rises from four-month low as Trump agrees to put off axing Nafta

Thu, 27 Apr 2017

By Paul McBeth April 27 (BusinessDesk) - The New Zealand dollar rose from a four-month low after US President Donald Trump agreed not to terminate the North American Free Trade Agreement just yet, giving investors some relief that the world's biggest economy is adamant in raising trade barriers. The kiwi rose to 69.10 US cents as at 5pm in Wellington from 68.68 cents earlier today to be little changed from 69.26 cents yesterday. The trade-weighted index was unchanged at 75.05. Trump told his Mexican and Canadian counterparts he won't...

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