The New Zealand dollar traded in a narrow range Friday, dragged a little higher on the coat-tails of its Australian counterpart.
At close, the kiwi was at 72.25c, up from 71.89c on Thursday, but easier against the Aussie at A79.12c from A79.34c.
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The Australian dollar edged further above 91c after the Reserve Bank of Australia today sharply upgraded growth forecasts and said more gradual increases in interest rates will be required.
