NZ dollar withstands poor manufacturing data

Fri, 16 Aug 2019

By Jenny Ruth Aug. 16 (BusinessDesk) - The New Zealand dollar is little changed after an attempt to push it down on the back of poor manufacturing data failed to keep it lower. The kiwi was trading at 64.43 US cents at 5pm in Wellington, from 64.49 cents at 7:45am, after falling as low as 64.26 cents early this afternoon. The trade-weighted index was at 71.63 points from 71.72. The Bank of New Zealand-BusinessNZ July Performance of Manufacturing Index fell 2.9 points to 48.2, the first time manufacturing activity has contracted in seve...

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