Kiwi stays steady after falling to one-week low

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Source: Reuters
The New Zealand's currency continued to decline on Thursday, however remained steadier after recording a notably drop in the previous session amid reports showing that inflation in the country weakened surprisingly and as diary prices slipped on the month. The so-called Kiwi was last traded at $0.8625 following a drop to $0.8578, the least in a week.

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Thu, 17 Apr 2014 08:38:05 GMT

Australian new motor vehicle sales dip in March

Australia's motor vehicle sales decreased in March with the total figure of new cars sold falling by 0.3% on a monthly basis recording 92,168 units, a report released by the Australian Bureau of Statistics unveiled on Thursday. The report also showed that passenger cars slipped 3.2%, sports utility vehicles fell 4.9% and other vehicles lost 0.9%.

Thu, 17 Apr 2014 07:43:05 GMT

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