15 Aug 2013

NZ dollar higher against US after positive economic news

7:19 pm on 15 August 2013

A raft of positive economic news pushed the New Zealand dollar a cent higher against the US.

An increase in manufacturing activity, consumer confidence and job ads saw the kiwi hit 80.78 US cents.

It has since backed off a little and on Thursday at around 5.20pm it was buying around 80.66.

Bancorp Treasury Services senior client advisor Peter Cavanaugh says all the good news makes the kiwi a more attractive investment.