NZ dollar holds in recent range in holiday trading after Chinese data

Thu, 22 Nov 2012

Nov. 23 (BusinessDesk) – The New Zealand dollar traded within its recent range in quiet trading with US markets closed for the Thanksgiving Day holiday and after figures showed Chinese manufacturing is growing again. The kiwi dollar slipped to 81.46 US cents from 81.55 cents at 5pm in Wellington yesterday. The trade-weighted index fell to 73.21 from 73.30. China's HSBC managers' index indicated industrial production is growing this month, with a preliminary reading of 50.4. That marked the first expansion in 13 months and helped bolster hope...

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