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New Zealand Current Account Widens In Q3

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 16, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    New Zealand's current account shortfall widened in the third quarter to NZ$4.75 billion following a revised deficit of NZ$1.17 billion in the June quarter, Statistics New Zealand reported. The steep expansion of the current account deficit last quarter was driven by the goods balance, which swung from a NZ$688 million[​IMG]

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