The New Zealand dollar has fallen against the US dollar in the global currency market today amid announcement of weak manufacturing data from China.

The national currency of the country was valued at US $ 82.68c in today's trading compared to US $ 82.90c earlier. The currency was at 73.80 on the Trade Weighted Index of major trading partners' currencies compared to 73.91 recorded in the morning trade.

The weak Chinese purchasing managers' index (PMI) for September put pressure on the Australian dollar in the international currency markets. The figure released in Asia's largest economy showed that the China's manufacturing activity has fallen in the second straight month. The PMI grew from 47.6 in August to 47.9 in September but remained below the mart ok 50 which indicate contraction.

Concerns over the economic situation I Europe in particular and Spain and Greece in general have also impacted the currency markets over the weekend, according to experts. Some believe that the Spain government will soon see another downgrade from rating agencies.

The kiwi was trading higher at 79.94 Australian cents compared to A$ 79.83c earlier. It was valued at 64.48 euro cents, which is below 64.49 euro cents recorded earlier and was at 64.40 Japanese yen compared to 64.58 yen earlier.