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Kiwi steadies after last weeks losses

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The New Zealand dollar was little changed in local trading having shed 3.7 per cent since the United States indicated it would start unwinding its massive stimulus programme.The kiwi traded at 77.47 US cents at 5pm on Monday in Wellington from 77.34 cents at 8am and 77.51 cents on Friday in New York. The trade-weighted index was 73.21 from 73.19 last week.It was at 80.45 cents on Wednesday, ...

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