Kiwi Income opens Hamilton redevelopement
Investors shrug off concerns about New Zealand's dairy exports | Chinese figures reinvigorate optimism
The NZD up to 80.17 US cents at 8am in Wellington, after earlier touching 80.46 cents, from 79.60 cents yesterday.
China's exports rose 5.1% and imports 10.9% last month, resulting in a $US17.8 billion trade surplus.
"At the moment it looks like a fairly contained situation, and the kiwi/US is maintaining its elevated levels."
"We saw a positive dairy auction this morning and that has further restored confidence in New Zealand dairy."
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