Australian trade balance widened more than expected

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Source: Forexpros
Australia's trade deficit widened more than initially expected in April, according to Australian Bureau of Statistics. The country's trade deficit approached 1.59 billion Australian Dollars on a seasonally adjusted basis as compared to a March reading of a deficit of 0.48 billion Australian Dollars. Experts predicted the trade balance to drop to minus 1.40 billion Australian Dollars.

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Tue, 08 May 2012 06:18:04 GMT

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