NZ dollar gains after upbeat Chinese exports, softer US employment

Mon, 10 Nov 2014

By Paul McBeth Nov. 10 (BusinessDesk) - The New Zealand dollar gained after Chinese data showed better-than-expected export figures and after Friday's lower-than-anticipated jobs growth in the US. The kiwi rose to 77.87 US cents at 5pm in Wellington from 77.72 cents at 8am and 77.51 cents on Friday in New York. The trade-weighted index gained to 77.01 from 76.34 last week. China's trade surplus expanded to US$45.4 billion in October, beating expectations, while consumer prices rose at an annual pace of 1.6 percent and producer prices w...

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