Thu, 14 Feb 2013 08:32:03 GMT
Kiwi strengthens to 2.5-year high versus Aussie on PMI data
The New Zealand Dollar strengthened to 2.5-year high versus the Australian counterpart as manufacturing activity increased last month, increasing chances the RBNZ will raise its key interest rate. The kiwi advanced as much as 0.4% to NZ$1.2219 per Aussie as of 4:46 p.m. in Sydney, after rising to NZ$1.2197, the strongest since July 2010.