6.00pm
The New Zealand dollar entrenched its gains above the key US67c mark during today's session, holding on to levels it last saw in early March.
At 5pm, the kiwi was at US67.20c (from US66.35c at 5pm yesterday).
It traded between US67.10c and US67.27c today.
The Australian dollar was at US72.46c (US71.45c).
Brokers spoken to by NZPA said Friday's session was another exceptionally quiet one.
This after the US dollar sank last night, helping the kiwi get a leg over the US67c mark and holding that level through today.
BNZ currency strategist Sue Trinh said New Zealand's interest rate differential was also a key to its fortunes.
"If it was only the US dollar, the kiwi would only be stronger against the greenback and weaker on its crosses," Ms Trinh said.
Offshore investors were chasing yield.
The official cash rate is currently 6.0 per cent, and Reserve Bank governor Alan Bollard has flagged the possibility of more 25 basis point rises later this year.
The US Federal Reserve's benchmark rate is 1.25 per cent, while the Reserve Bank of Australia's key rate is at 5.25 per cent.
Meanwhile, the euro was at US$1.2376 (US$1.2450) and the greenback was fetching 109.07 yen (109.57 yen).
On the crosses, the kiwi was buying A92.75c (A92.86c), 0.5431 euro (0.5375), 36.66 British pence (36.37), 73.31 yen (72.70) and 0.8348 Swiss francs (0.8259).
The monetary conditions index was at plus 795 (752), while the trade weighted index was at 67.76 (67.05).
On the money and debt markets, 90-day bank bill yields were unchanged at 6.48 per cent, February 2006 bonds were at 6.14 per cent (6.17), July 2009s were at 6.15 per cent (6.18), and April 2013s were at 6.17 per cent (6.22).
- NZPA
<i>Currency:</i> Kiwi entrenches itself above key US67c mark
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