New Zealand’s current account deficit to increase – S&P
NZ's investment-heavy economic growth is putting pressure on the country's current account.
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Despite New Zealand’s credit rating looking “pretty stable,” global rating agency Standard & Poor (S&P) says the country’s current account deficit is poised to increase.
S&P Australasia sovereign analyst Craig Michaels says investment-heavy economic growth is putting pressure on the country’s
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Jason Walls
Mon, 20 Jul 2015
Mon, 20 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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New Zealand’s current account deficit to increase – S&P
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