Business

Dollar starts on backfoot

 The New Zealand dollar started the week on the backfoot after reports that US President Donald Trump will proceed with tougher trade barriers on Chinese products bolstered demand for the greenback. 

The kiwi traded at 65.50 US cents at 8am in Wellington, from 65.46 cents on Friday in New York and down from 65.85 cents last week in Asia. The trade-weighted index was at 71.31 from 71

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