Aussie, Kiwi jump after Chinese manufacturing index hits 16-month high

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Source: Bloomberg
© Scanpix\Reuters
The Australian and New Zealand currencies inched up from losses on the previous week as Chinese government report indicated manufacturing hit the highest level in 16 months, supporting the prospects for overseas sales from both countries. The Aussie added 0.9% to 89.83 versus the greenback and rallied 1.8% to 88.97 yen, while the kiwi gained 1.1% to 78.09 versus the U.S. Dollar.
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Mon, 02 Sep 2013 11:00:00 GMT

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