The New Zealand dollar closed the trading session slightly stronger with little movement in overseas markets, but stronger foreign currencies.The Kiwi was at 69.90USc at 5pm, compared with 69.82USc at 8am and 69.77USc at 5pm yesterday.ANZ chief foreign ex
The New Zealand dollar closed the trading session slightly stronger with little movement in overseas markets, but stronger foreign currencies.
The Kiwi was at 69.90USc at 5pm, compared with 69.82USc at 8am and 69.77USc at 5pm yesterday.
ANZ chief foreign exchange dealer Murray Hindley said the NZ dollar strengthened through the afternoon session along with a stronger euro and Australian dollar.
"The euro is stronger through Asia, but obviously with both Hong Kong, Singapore and still China on holiday, trading has been subdued through our session today."
The US was also on holiday, celebrating President's Day.
Mr Hindley said the dollar had a small dip to 69.65USc in the morning session due to the producers price index (PPI) results.
Statistics New Zealand said PPI outputs index fell 0.4% and PPI inputs index rose 0.3% for the December quarter.
Against the Australian dollar, the NZ dollar eased slightly to 78.44Ac at 5pm from 78.52Ac at 8am, and 78.55Ac at 5pm yesterday.
It was also lower at €0.5130 compared with €0.5134 this morning, but up at ¥62.86 from ¥62.82.
The trade-weighted index was higher at 64.76 changed from 64.72 this morning, and 64.71 5pm yesterday.
