The dollar traded quietly on the eve of the 20th anniversary of its float.
It remained stable against the Australian dollar, after strong gains on Wednesday, and climbed quietly against the United States currency.
At 5pm, the kiwi was at 72.61USc from 72.17USc on Wednesday and was worth 92.82Ac after jumping to 92.80Ac on Wednesday.
Reports yesterday that the ANZ bank was joining those who believe the Reserve Bank will lift interest rates next week pushed up the kiwi against the greenback.
"It looks likely that 73USc is in for another nudge," ANZ National Bank trader Alex Sinton said. The change of view from ANZ brings the total to six of 13 economists who think the central bank will raise the official cash rate to 6.75 per cent from 6.50 per cent on March 10. This would lift the yield gap over the US to 4.25 percentage points.
Against the Aussie, the kiwi added to Wednesday's gains when, despite lifting its official interest rate to 5.5 per cent, that country reported weaker-than-expected economic growth.
Quiet float anniversary
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