The kiwi was little moved today by figures showing New Zealand enjoyed better than expected economic growth in recent months.
At 5pm in Wellington, the kiwi was at US64.67c (from US64.81c at 5pm last night), having traded between US64.52c and US64.92c.
ANZ Investment Bank senior dealer Mark Elliott said the kiwi had traded in "a fairly decent sort of a range, but all we've been doing is tracking the aussie and the euro".
Today's uexpectedly strong GDP (gross domestic product) figures fuelled by the vigorous property market and consumer spending produced no real reaction in kiwi, Mr Elliott said.
Features of today's local trade included some "decent" selling of the kiwi against the aussie and the sale of a large parcel of kiwi by an Asian seller at the lower end of its range later in the session.
Mr Elliott picked the kiwi to trade between US64.10c and US64.80c tonight.
Elsewhere, the aussie was at US73.97c at 5pm in Wellington, (US74.08c last night), the euro was at US$1.2413 (US$1.2405), and the greenback was at 107.69 yen (107.49).
On the crosses, the kiwi was buying A87.44c (A87.50c), 0.5210 euro (0.5225), 69.62 yen (69.66), and 36.57 pence (36.70).
The trade weighted index was at 64.80 (64.94), the monetary conditions index was at plus 466 (477), and 90-day bank bills were unchanged at 5.34 per cent.
On the debt market, April 2004 bonds were unchanged at 5.15 per cent, February 2006s were at 5.60 per cent (5.58), and November 2011s were at 5.87 per cent (5.88).
- NZPA
<i>Currency:</i> Kiwi little moved by favourable economic growth figures
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