BLBG:New Zealand Dollar Little Changed as Retail Sales Rise 0.9%, Meet Forecast
The New Zealand dollar was little changed after a government report showed retail sales rose 0.9 percent in the first quarter, adjusted for inflation, meeting economists’ expectations.
The currency traded at 81.91 U.S. cents as of 10:49 a.m. in Wellington, from 81.88 cents before the data was released.
To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net
To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net
