NZ dollar little changed, may decline after Chinese imports dropped

Sun, 08 Jun 2014

By Tina Morrison June 9 (BusinessDesk) - The New Zealand dollar was little changed this morning on low liquidity as Australian markets are closed for a public holiday. The currency may decline later in the day following a report that Chinese imports unexpectedly dropped in May. The kiwi was trading at 84.89 US cents at 8am in Wellington from 85.01 cents at the New York close and 84.86 cents in Wellington on Friday. The trade-weighted index was little changed at 79.18 from 79.11 on Friday. A customs report at the weekend showed that whi...

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