Wednesday, May 23, 2007

New Zealand Dollar Is Little Changed on Report Annual Trade Gap Widened

(Bloomberg) -- The New Zealand dollar was little
changed after a government report showed the nation's annual trade
deficit widened for a second consecutive month in April.

The local currency bought 72.94 U.S. cents at 10:53 a.m. in
Wellington, from 72.98 cents before the report was released. It
traded at 72.89 cents in late Asia yesterday.


Read more at Bloomberg Currencies News

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