NZ dollar weakens ahead of Chinese 3Q growth data

Sun, 18 Oct 2015

By Tina Morrison Oct. 19 (BusinessDesk) - The New Zealand dollar declined ahead of economic data due out of China today which is expected to show weaker growth in the country's largest trading partner. The kiwi edged lower to 67.95 US cents at 8am in Wellington, from 68.08 cents at the New York close and 68.32 cents on Friday. The trade-weighted index slipped to 72.74 from 73.04 on Friday. Chinese data on retail sales, industrial production, fixed-asset investment and gross domestic product are the main focus for traders today. Chinese...

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