New Zealand's trade balance narrowed in May

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Source: Forexpros
The trade balance of New Zealand narrowed in May, reported Statistics New Zealand. The country's trade surplus dropped to 301 million New Zealand Dollars on a seasonally adjusted basis as compared to 355 million New Zealand Dollars in April. After the data release, the New Zealand Dollar depreciated against its US counterpart by 0.21%, with NZD/USD trading at 0.7890.

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Wed, 27 Jun 2012 13:45:50 GMT

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