CORRECT NZ dollar gains ahead of figures that may show jobless rate falling

Wed, 08 Aug 2012

(Corrects direction of TWI in second paragraph) Aug. 9 (BusinessDesk) - The New Zealand dollar rose against the greenback and the euro before government figures expected to show the jobless rate fell in the second quarter, underlining the nation’s relatively resilient economic performance. The kiwi dollar gained to 81.49 US cents from 81.19 cents at 5pm in Wellington yesterday. The trade-weighted index rose to 73.25 from 72.98. The jobless rate fell to 6.5 percent in the second quarter from 6.7 percent three months earlier, according to a R...

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