Kiwi strengthens versus Aussie as inflation tops forecast

Note: This section contains information in English only.
Source: Bloomberg
The New Zealand's currency slipped versus its Australian counterpart on Tuesday falling from the highest level in five years after a report showed that inflation in New Zealand topped its expectation in this quarter. The so-called Kiwi declined 0.2% to NZ$1.1270 per Australian Dollar by 3:20 p.m. Sydney time after it increased to NZ$1.1198 yesterday, the most since October 2008.

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Tue, 19 Nov 2013 10:38:10 GMT

Canada's Dollar gains as China reforms

The Canadian Dollar advanced on Tuesday rising to the highest level in more than a week after the Chinese Communist Party revealed an economic reform improving an outlook for Canada's commodity exports. The so-called Loonie strengthened 0.2% to C$1.0415 per U.S. Dollar following a drop to C$1.049 by 5 p.m. Toronto time. 

Tue, 19 Nov 2013 10:16:09 GMT

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