NZ Trade Balance: Trade Balance (Aug) $1.30bio deficit Consensus $850mio deficit - Imports (Aug) $6.15bio Consensus $5.74bio - Exports (Aug) $4.86bio Consensus $4.88bio Trade Balance Year to Oct $5.8bio deficit - consensus $5.1bio deficit. The NZD is marginally lower in immediate response. The RBNZ Financial Stability Report plus Governor Orr’s related press conference and testimony before the Parliament Select Committee take place Wednesday. There is speculation the RBNZ will loosen the current LVR property restrictions. Current indicative rates are: NZD-USD 0.6755 / 0.6780NZD-AUD 0.9370 / 0.9395NZD-EUR 0.5965 / 0.5990NZD-GBP 0.5275 / 0.5300NZD-JPY 76.75 / 77.00 Please call for further information or pricing.
How much does your FX cost you?
We are partners of MSCNewsWire and assist many of their readers, partners and clients to manage their foreign exchange requirements more effectivly and effciently. Benefits that our clients receive include:
√ Better Exchange rates √ No TT fees√ Access to ur global payment network√ 24/7 online platform and a personal dealer
As NZ's largest non-bank FX provider and "The World's Trusted Currency Authority" we can quickly and simply provide you a Free and No Obligation alternative to work alongside your existing bank relationship.
If you would like to discuss please feel free to contact Doug Warren from the XE team anytime: