NZ dollar little changed after Chinese manufacturing activity climbs to eight-month high

Thu, 01 Nov 2012

By Paul McBeth Nov. 1 (BusinessDesk) - The New Zealand dollar was little changed after Chinese manufacturing figures showed industrial activity in the world's second-biggest economy was at an eight-month high in October, stoking optimism about the prospects for global growth. The kiwi traded at 82.21 US cents at 5pm in Wellington from 82.22 cents at 8am and 82.15 cents yesterday. The trade-weighted index was at 73.33 from 73.25 yesterday. China's Purchasing Managers’ Index rose to 50.2 in October from 49.8 in September, the National Bureau...

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