NZ dollar gains as Trump's policy moves weigh on greenback

Tue, 31 Jan 2017

By Rebecca Howard Jan. 31 (BusinessDesk) - The New Zealand dollar gained as US President Donald Trump's latest policy decisions unsettled markets and weighed on the greenback. The kiwi rose to 72.86 US cents as at 5 pm in Wellington from 72.65 cents late yesterday. The trade-weighted index rose to 79.64 from 79.46. Markets were jittery in Asia after acting US Attorney-General Sally Yates was removed from the role by the White House. According to Reuters, Yates said late on Monday that the Justice Department would not defend in court Tr...

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