NZ dollar steady as Trump, Kim pledge to keep momentum after summit; focus shifts to central banks

Tue, 12 Jun 2018

By Rebecca Howard June 12 (BusinessDesk) - The New Zealand dollar was nearly unchanged as US President Donald Trump and North Korea's Kim Jong Un pledged to maintain their momentum after a historic meeting between the leaders to end a nuclear stand-off in east Asia. The kiwi dollar traded at 70.37 US cents as at 5pm in Wellington from 70.22 cents at 8am and 70.36 cents late yesterday. The trade-weighted index was at 73.72 from 73.68. Tuesday’s North Korea summit between Trump and Kim came hot on the heels of a disappointing G7 leaders...

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