New Zealand trade balance for November shows both exports and imports higher on the month

  • The NZ trade balance is a deficit of 0.864bn NZD (prior month's deficit was 1.286bn NZD)

The fifth consecutive monthly deficit

  • exports 5.86bn nzd vs. prior NZD 5.36bn

  • imports 6.73bn NZD prior NZD 6.64bn

NZD/USD is circa 0.6749, little change on the session so far compared with its level late Friday afternoon America's time.

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