The dollar is up against most of the currencies of the country's major trading partners, though it's fallen slightly against its Australian counterpart.
NZX foreign exchange strategist Raiko Shareef said the New Zealand dollar initially rose against the US dollar, but eased on Thursday afternoon after a weaker-than-expected March quarter economic growth figure of 1 percent.
He said the market was expecting the gross domestic product figure to be 1.1 percent and there was even talk about a figure of 1.3 or 1.4 percent.
About 5pm on Thursday, the dollar was trading up from that time on Wednesday at 87.15 US cents, 92.65 Australian cents, 51.27 British pence, 0.6410 euro; 88.8 yen and 5.43 renminbi.
NZ shares rise
Turning to the sharemarket, the benchmark Top 50 Index rose 8 points to close at 5192.
Murray and Co fund manager Johnny Cochrane said the market was quiet on Thursday.
He said Diligent has had a relatively strong week and its quarterly results will be announced on Friday morning.
Mr Cochrane said Sky TV had a strong day on Wednesday and Thursday with the market viewing the announcement of their subscription video on demand service positively.
Diligent Board Member Services was up 7 cents to $4.57 each, Sky Network Television was up 8 cents to $6.87, and Pacific Edge remained unchanged at 87 cents, Fisher & Paykel Healthcare was down 8 cents to $4.68 and OceanaGold was up 13 cents to $3.39.
