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US dollar holds onto payrolls gains, NZ dollar rises after election

US dollar holds onto payrolls gains, NZ dollar rises after election

The US dollar maintained its gains from strong US jobs data, climbing close to a 1-1/2-year high against the euro and a seven-month peak against the Australian dollar. New Zealand's currency, the kiwi, rose after a close election weakened the government, although final results are not expected until late November. The US dollar index remained steady at 102.20, after jumping around 0.7 percent on Friday due to the robust job growth. The euro increased slightly to $1.11485, while the Australian dollar added 0.3 percent to $0.6875.

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Also reported by 3 other outlets

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Borno Targets Regional Economic Hub Status, Woos Investors for Agric, Livestock Industries

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  • Borno State aims to become a regional economic hub for agriculture and livestock industries.
  • Government seeks private investment to develop processing industries and export-oriented ventures.
  • Borno's strategic location and agricultural resources make it ideal for economic transformation.

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