HiFX Data Update - NZ Trade Balance

Tuesday, 27 February 2018, 11:10 am
Press Release: HiFX

HiFX Data Update - NZ Trade Balance Release

The NZ Trade Balance for January has just been released.

They came in worse than expected (i.e. larger deficit):

NZ Trade Balance:

Trade Balance (Jan) $566 mio deficit Consensus $ 0.0 (flat)
- Imports (Jan) $4.31 bio
- Exports (Jan) $4.87 bio

Trade Balance Year to Date $3.218 bio deficit Consensus $2.711 bio deficit

The NZD is a little lower in immediate response.

Current indicative rates are:

NZD-USD 0.7295 / 0.7320
NZD-AUD 0.9290 / 0.9315
NZD-EUR 0.5920 / 0.5945
NZD-GBP 0.5220 / 0.5245
NZD-JPY 78.00 / 78.25

ends

© Scoop Media

HiFX

International Payments Expertly Done

HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.

Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.

HiFX Ltd ABN 54 106 779 953/ AFSL No 240914

Contact HiFX

• Website - www.hifx.co.nz
• About - HiFX International Payments
• Link - Live Rates (Interbank Exchange Rates)
• Marketwatch - Latest Market briefings
• Register - Personal Account Setup
• Register - Business Account Setup
• Linkedin
• Facebook