According to the latest data released by Statistics New Zealand on Friday, the nation’s Trade Balance (NZD) came in at $-15.33B YoY in September versus $-15.52B prior.
Further details suggest that Exports eased to $4.87B during the said month versus $4.97B prior whereas Imports dropped to $7.20B compared to $7.24B in previous readings.
Market reaction
At the press time, the NZD/USD pair is down 0.11% on the day to trade at 0.5842.
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