New Zealand data - BoP Current Account for Q2: 1.828bn (expected 0.69bn NZD)

Author: Eamonn Sheridan | Category: News

Data point is unlikely to have too much impact on the kiwi $ -

  • current account to GDP ratio is -1.9% (expected -2.3%, prior -2.7%)
Some of this higher surplus will be down to reduced imports (domestic demand softening over the lockdown)

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