NZ dollar little changed after retail sales figures, Northern summer thins out trading

Wed, 14 Aug 2013

By Paul McBeth Aug 14 (BusinessDesk) - The New Zealand dollar was little changed in local trading after upbeat retail sales figures showed consumer spending kept growing in the country’s housing related sectors, and as trading remains thin during the height of the Northern Hemisphere summer. The kiwi traded at 79.82 US cents at 5pm in Wellington from 79.64 cents at 8am and 79.97 cents yesterday. The trade-weighted index edged up to 75.36 from 75.21 yesterday. New Zealand’s retail sales rose 1.7 percent in the second three months of the ye...

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