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New Zealand trade balance improves
26 March 2012

New Zealand Dollar exchange rates have dropped overnight, as figures showed a better than expected February trade balance, at $161m.


This shows an improvement in the New Zealand economy, and therefore the value of the New Zealand Dollar has increased, giving worse rates for money transfers to New Zealand.


If you are watching NZD rates, we also have business confidence figures released at 1am and building permits data at 2245 on Thursday.

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