Mon, 11 Nov 2013 11:06:25 GMT
Kiwi gains on China's industrial production data
The New Zealand's currency surged 0.58% to $0.8286 against the U.S. Dollar, after the New Zealand's second biggest export destination China showed better results in industrial production data, thus adding up to the last weeks gains in export and import levels. Despite the significant gain, the Kiwi is till much weaker compared to last week's level of $0.84.