NZD weaker against greenback as trade jitters continue

Wed, 27 Feb 2019

By Rebecca Howard Feb. 28 (BusinessDesk) - The New Zealand dollar was weaker as investors fret about whether the US and China will be able to reach a deal after US trade negotiator Robert Lighthizer told the House Ways and Means committee there's still hard work to be done. The kiwi traded at 68.40 US cents at 7:45 am in Wellington versus 68.87 late yesterday. The trade-weighted index was at 73.84 points from 74.26. Lighthizer said the US is pushing for a deal that includes "significant structural changes" to China's economic model an...

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