NZD lifts as US-China return to negotiating table, US seeking stable yuan

Tue, 19 Feb 2019

By Rebecca Howard Feb. 20 (BusinessDesk) - The New Zealand dollar lifted as a new round of talks between the US and China kicked off in Washington and after headlines that the US is pressuring China to keep the yuan stable as part of a potential deal. The kiwi was trading at 68.82 US cents at 8am in Wellington versus 68.28 US cents at 5pm in Wellington. The trade-weighted index was at 74.49 from 74.17. A 90-day tariff truce between China and the US is set to end at the start of March. However, investors are fairly upbeat that the lat...

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