Paul McBeth
Paul McBeth is BusinessDesk's chief reporter and has reported on New Zealand financial markets, the economy and business since 2008.
Corporate
NZD under pressure
The New Zealand dollar remained under pressure as heightened concerns over US-China relations encouraged investors to buy 'safe haven' currencies such as the yen and Swiss franc.
The kiwi traded at 68.71 US cents as at 8am in Wellington from 68.62 cents yesterday. The trade-weighted index was at 74.91 from 74.87 yesterday.
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