NZ dollar edges up as investors buoyed by Chinese trade data

Mon, 13 Oct 2014

By Tina Morrison Oct. 14 (BusinessDesk) - The New Zealand dollar edged up as investors reassessed their positions after Chinese data printed better than expected amid concerns about global economic growth. The kiwi was at 78.79 US cents at 8am in Wellington, from 78.72 cents at 5pm yesterday. The trade-weighted index was at 76.66 from 76.57 yesterday. Currency markets have been volatile the past week on concern about the outlook for growth in major economies including Europe, China and Japan. However, some investors are now reconsideri...

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