Australian, New Zealand Dollars Strengthen on Prospects for China’s Growth

The Australian and New Zealand dollars advanced on expectations China’s economic growth will sustain demand for exports. The so-called Aussie rose 0.4 percent to $1.0352 as of 12:57 p.m. in Sydney. The kiwi gained 0.3 percent to 79.59 U.S. cents.

To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.