India, May 9 -- The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as China's most recent trade figures indicated a slowing down of outside demand.
The official data showed that the trade surplus decreased to $96.18 billion from $102.64 billion in the previous month. The expected level was $97.0 billion.
China's exports grew more than expected in April despite the fall in exports to the U.S. Exports advanced 8.1 percent on a yearly basis in April, while economists had forecast a 1.9 percent rise. This followed a 12.4 percent increase in March.
At the same time, imports fell only 0.2 percent from a year ago, compared with the economists' forecast of a 5.9 percent decline. Moreover, the pace of d...