Chinese manufacturing data weighs on kiwi

THE kiwi dollar has declined against major currencies, except the Aussie dollar, after more worrying Chinese manufacturing figures.

THE New Zealand dollar has extended its decline after a measure of Chinese manufacturing plunged to the lowest level since March 2009, driving down stock markets across Asia and weighing on growth-linked currencies such as the kiwi.

THE kiwi fell to 62.63 US cents as at 5pm in Wellington, from 62.88 cents at the start of the day and from 63.14 cents on Tuesday.