NZ FinMin: Strong Kiwi a headwind for exporters

Finance Minister Bill English made reference to the pros and cons from the appreciation in the New Zealand dollar, noting that it was positive for households, but a headwind for exporters, Interest NZ reports.
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NZD/USD hovers near lows below 0.7635

NZD/USD pared overnight gains and extends its descent in the mid-Asian session, as worse than expected Chinese manufacturing PMI reading coupled with NZ Fin Min English’s comments dragged the Kiwi lower.
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