NZ dollar slips after Chinese manufacturing data, seen resuming climb

Tue, 24 Mar 2015

March 24 (BusinessDesk) - The New Zealand dollar fell broadly after data showed weaker-than-expected manufacturing in the nation's No. 2 market of China, having reached new record highs against the Australian dollar and the euro, and a two-month high versus the greenback. The kiwi traded at 97.21 Australian cents at 5pm in Wellington, having hit a post-float high of 97.82 overnight, from 97.17 cents yesterday. The local currency traded at 76.30 US cents, down from a two-month high 76.63 cents overnight and from 75.89 cents yesterday. The...

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