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NZ Building Consents rise

Written by Sam Coxhead on January 11th, 2011.      0 comments

1:55 PM (NZT) New Zealand Building Consents bounced back in November, mainly thanks to increased activity in retirement villages, educational facilities and factories.

The overall number was 8.8% higher on October and the thrid highest in the last  two years in dollar value.

The NZD was relatively unchanged on the announcement and as of 1:55PM was trading at .7604 to the USD and .7685 to the AUD.
 

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