MARKET OPEN: Lockdown weighs on NZ dollar, sentiment

Wed, 12 Aug 2020

The New Zealand dollar is weaker and domestic traders will be jittery after new NZ lockdown restrictions were imposed after four cases of covid-19 were detected outside of quarantine. Prime Minister Jacinda Ardern and Director-General of Health Ashley Bloomfield said last night that four new cases of the coronavirus were found in a South Auckland family and that no link to travel had been established. Ardern said the country will take a precautionary approach, imposing level 3 restrictions in Auckland, and level 2 in the rest of the coun...

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