NZ dollar rises on outlook for economy, increased risk sentiment

Thu, 20 Sep 2018

By Margreet Dietz Sept. 21 (BusinessDesk) - The New Zealand dollar rose for a seventh straight session on better-than-expected domestic economic growth, while a report that China is set to cut tariff rates on imports from the majority of its trading partners as soon as next month also bolstered risk sentiment and the currency. The kiwi climbed to 66.85 US cents as at 9am in Wellington from 66.45 cents yesterday. A Statistics New Zealand report yesterday showed that gross domestic product grew 1 percent in the June quarter and expanded...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Credit Card

Cardholder's name

Yearly - (Save $179 compared to monthly) $349.00

Monthly $44.00

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

The Quiz Free

QuiznessDesk, Thursday, April 22

What type of animal is a sidewinder?Where in the human body would you find the Island of Reil?Where in Europe is Nicosia the capital of?Which city did the Romans call Eboracum? Originally called 40/50, what did Rolls-Royce's 1907 car later become known as?What was the surnam...

The Quizmaster 9:15am

World