NZ dollar slips before jobs report expected to show tepid growth in jobs

Wed, 06 Feb 2013

Feb. 7 (BusinessDesk) – The New Zealand dollar declined ahead of employment figures for the fourth quarter, which are expected to show tepid growth in jobs and a falling unemployment rate. The New Zealand dollar fell to 84.18 US cents from 84.45cents in Asia yesterday. The trade-weighted index declined to 76.25 from 76.41. The Household Labour Force Survey, released later this morning, will show jobs grew 0.4 percent in the fourth quarter after a similar sized decline in the previous three months, according to a Reuters survey. The jobless r...

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