NZ dollar little changed as traders await key report on Chinese economy

Sun, 23 Mar 2014

By Tina Morrison March 24 (BusinessDesk) – The New Zealand dollar is little changed ahead of a key report on the Chinese economy which is an indicator of gross domestic product. The kiwi traded at 85.40 US cents from 85.32 cents at the New York close and 85.34 cents at 5pm in Wellington on Friday. The trade-weighted index edged up to 80.01 from 79.96 on Friday. Investors today will be focused on China’s release of the HSBC flash manufacturing purchasing managers index for March as they try to gauge how Asia’s largest economy has fared in t...

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