New Zealand: M3 Money Supply decreases 3.3% in June

July 29, 2010

FXstreet.com (Córdoba) – The New Zealand M3 aggregate reached 204,370 million in June decreasing 3.3% over the year to June; this fall follows a 3.1% decrease the previous month. The money supply has been decreasing steadily since November 2009.

The NZD has shown no reaction and NZD/USD trades at 0.7230.

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posted in Forex News by admin

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