NZ dollar rises to week-high on news of talks between North, South Korea

Tue, 06 Mar 2018

By Jonathan Underhill March 7 (BusinessDesk) - The New Zealand dollar jumped more than half a US cent as global risk appetite improved on news that North Korea is willing to hold talks with the US over its nuclear weapons programme. The kiwi dollar rose to 72.94 US cents as at 8am in Wellington from 72.35 cents late yesterday. The trade-weighted index rose to 74.78 from 74.44 yesterday. Global risk appetite and growth-linked currencies such as the kiwi advanced after South Korean officials said North Korean leader Kim Jong Un was open...

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