NZ dollar rises vs greenback on easing trade worries, falls vs Aussie after RBA stands pat

Tue, 06 Mar 2018

By Rebecca Howard March 6 (BusinessDesk) - The New Zealand dollar rose against the US dollar as trade-war fears eased and fell versus the Australian dollar after the RBA kept interest rates on hold as expected. The kiwi traded at 72.35 US cents as at 5pm in Wellington versus 72.22 US cents late yesterday. The kiwi traded at 92.96 Australian cents from 93.16 cents yesterday. Risk appetite ticked up slightly as senior lawmakers from US President Donald Trump's Republican Party reportedly urged him to reconsider his tariff plan. Accord...

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