NZ dollar little changed ahead of GDP data

Wed, 18 Jun 2014

By Suze Metherell June 18 (BusinessDesk) - The New Zealand dollar was little changed ahead of data due tomorrow which is expected to show accelerating growth in the domestic economy, which may cause the dollar to climb above 87 cents. The kiwi edged higher to 86.58 US cents at 5pm in Wellington, from 86.48 cents at 8am and 86.56 at 5pm yesterday. The trade-weighted index was 80.82 from 80.74 this morning and 80.70 yesterday. Government data due tomorrow will probably show economic growth accelerated in the first quarter on increased co...

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