5.40pm
It was a quiet local session for the New Zealand dollar today which closed little changed.
The kiwi was buying US68.18c at 5pm in Wellington today, from US68.22c at the same time yesterday having traded in a US68.04c to US68.25c range.
ANZ Investment Bank chief foreign exchange dealer Murray Hindley said it had been quiet today. There had been "no real reaction" to this morning's Quarterly Survey of Business Opinion showing the economy is motoring at near full capacity.
Trading was muted with holidays in the United States, Canada and Japan yesterday.
"I guess we'll wait for the US market to come back after its extended break," Mr Hindley said.
The Australian dollar was buying US73.32c (US73.30c at 5pm last night).
Meanwhile, the US dollar was buying 109.69 yen (109.53) and the euro was buying US$1.2366 (US$1.2397).
On the crosses, the kiwi was buying A93.01c (A93.09c), 37.95 British pence (38.06) 74.74 yen (74.72), 0.8535 Swiss francs (0.8537), and 0.5510 euros (0.5503).
The New Zealand dollar trade-weighted index (TWI) was at 68.63 (68.65), while the monetary conditions index was at plus 896 (877).
In the money market, 90-day bank bill yields were unchanged at 6.76 per cent. On the bond market, February 2006s were at 6.23 per cent (6.22), July 2009s were at 6.08 per cent (6.10) and April 2013s were unchanged at 6.13 per cent.
- NZPA
<i>Currency:</i> Kiwi crabs sideways in quiet trade
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