NZ dollar little changed after upbeat Chinese manufacturing

Mon, 23 Sep 2013

By Paul McBeth Sept. 23 (BusinessDesk) - The New Zealand dollar was little changed in local trading after Chinese manufacturing figures beat expectations, as investors rethink last week’s action when the Federal Reserve didn’t embark on slowing down its pace of printing money. The kiwi traded at 83.61 US cents at 5pm in Wellington from 83.49 cents at the start of the day and 83.62 cents on Friday in New York. The trade-weighted index slipped to 77.85 from 77.97 last week. The local currency had little reaction to a six-month high in a gau...

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