Kiwi advances as domestic economy accelerates

Note: This section contains information in English only.
Source: Bloomberg
The New Zealand Dollar gained 0.4% to 82.62 per U.S. Dollar in the end of Sydney trading session on Thursday. The kiwi increased versus the major peers, as data indicated the fastest domestic economy growth rate last quarter in last three years. GDP expanded by 1.5% and exceeded analysts' estimation of a 0.9% expansion. Also, demand for the currency was supported by positive data on Chinese manufacturing industry.
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Thu, 21 Mar 2013 12:51:11 GMT

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