New Zealand’s finances were in better shape than expected, the government said on Friday after reporting an operating deficit of NZ$4.3 billion ($3.09 billion) in the five months ending Nov. 30. The figure was NZ$1.9 billion better than forecast in the half-year update last year. “The country is in a stronger fiscal position compared with other developed nations, and we will carefully prioritise our spending to maintain the balance between short term needs and long term requirements,” Finance Minister Grant Robertson said in a statement, according to Reuters. NZD/USD is trading near 0.7161 at press time, representing a 0.12% drop on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Price Analysis: Refreshes intraday low, eyes 50-day EMA retest FX Street 1 year New Zealand's finances were in better shape than expected, the government said on Friday after reporting an operating deficit of NZ$4.3 billion ($3.09 billion) in the five months ending Nov. 30. The figure was NZ$1.9 billion better than forecast in the half-year update last year. "The country is in a stronger fiscal position compared with other developed nations, and we will carefully prioritise our spending to maintain the balance between short term needs and long term requirements,” Finance Minister Grant Robertson said in a statement, according to Reuters. NZD/USD is trading near 0.7161 at press time, representing a 0.12% drop on the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
