NZ dollar little changed as Chinese growth slows less than expected

Mon, 19 Oct 2015

By Paul McBeth Oct. 19 (BusinessDesk) - The New Zealand dollar was little changed in local trading as Chinese economic data gave a mixed message for the world's most populous nation, with gross domestic product slowing less than expected, though fixed-asset investment was dialled back to a 15-year low and industrial production was below forecast. The kiwi traded at 67.96 US cents at 5pm in Wellington from 67.95 cents at 8am, and 68.08 cents on Friday in New York. The trade-weighted index slipped to 72.72 from 72.99 last week. China's e...

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