NZD remains above 68 US cents on US-China trade resolution hopes

Sun, 24 Feb 2019

By Rebecca Howard Feb. 25 (BusinessDesk) - The New Zealand dollar remained above 68 US cents as investors were hopeful the US and China will manage to hammer out a new trade deal. The kiwi was trading at 68.29 US cents at 7:45am in Wellington from 68.43 cents in New York on Friday. It was at 67.74 US cents at 5pm Friday in Wellington. The trade-weighted index was at 74.03 from 74.05 Friday in New York and 73.44 Friday in Wellington. After falling Friday amid concerns about what a ban on Australian coal imports through China's norther...

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