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AUSSIE-KIWI: Westpac write that "although fundamentals (commodity prices,
interest rates, and economic growth) argue the cross should be higher (fair
value is MZ$1.12), global risk aversion plus mixed AU economic data recently
plus political risks are headwinds; the latter could remain so until the general
election (which will occur no later than May 2019)."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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