New Zealand data: Q1 Current Account -4.359bn NZD (expected -4.55bn) ...Middle East

The data release has barely moved NZD/USD, circa 0.6144The current account represents the most comprehensive gauge of a nation's international financial interactions. It encapsulates not just the exchange of goods and services, but also earnings from foreign investments and payments made on investments from abroad within NZ. In addition, it covers transfers like overseas aid and remittances.---More on the "current account"refers to a component of a country's balance of payments that measures the flow of goods, services, investment income, and unilateral transfers (such as remittances and foreign aid) between the country and the rest of the world.The current account is divided into several ca

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