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The kiwi  was trading at 80.96 cents at 8am in Wellington, from 81.84 cents at 5pm yesterday. Photo / Getty

Dollar plunges to 7-month low

The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by…

Net inflow hits record at 43,500

Photo / Thinkstock

The net inflow of migrants hit a record 43,500 in the year ended August, boosting the population by nearly 1 per cent. Arrivals…