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NZ dollar stalled, US-China sabre-rattling eyed
The New Zealand dollar was stalled as investors eye the escalating sabre-rattling between the US and China. Trading was also subdued with both the US and British economies on holiday later today. The kiwi was trading at 60.97 US cents at 5pm in Wellington after ending Friday in New York at 60.96 cents, just a pip below the local close. The trade-weighted index was at 69.04 from 68.94. Over the weekend, China's Foreign Minister Wang Yi accused the US of spreading "conspiracies and lies" about the origins of Covid-19 and that the US has been infected by a "political virus." That's because US President Donald ... (full story)