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NZ Current Account hits surplus

Written by Sam Coxhead on December 22nd, 2010.      0 comments

11:10 AM (NZT) New Zealand Current Account for the September quarter showed a 35million dollar surplus, mainly due to Christchurch earthquake re-insurance flows to the tune if 1.7billion dollars. Also adding to the dramatic change is circumstance was a 551million dollar smaller investment income deficit. There was almost no movement on the currency market after this release.

All eye's now look towards tommorrow's NZ GDP figure due at 10:45 AM NZT
 

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