NZ dollar still firm against greenback but eases after weak China data

Wed, 11 Apr 2018

By Rebecca Howard April 11 (BusinessDesk) - The New Zealand dollar remained firm against the greenback as concerns about a global trade war eased but did lose ground in Asian trading after weaker-than-expected Chinese inflation data. The kiwi traded at 73.46 US cents at 5pm in Wellington versus 73.68 US cents at 8am and 73.30 cents late yesterday. The trade-weighted index rose to 75.28 from 75.04 yesterday. The New Zealand dollar got a solid lift after both Chinese President Xi Jinping and US President Donald Trump were seen to be more...

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