NZ dollar extends slide as virus concerns grow

Fri, 21 Feb 2020

The New Zealand dollar extended its decline amid ongoing uncertainty at the economic impact of the coronavirus crisis and growing mistrust of what Chinese officials say about the disease's spread. The kiwi was trading at 63.11 US cents at 5 pm in Wellington, off the day's low at 63.06 cents but down from 63.52 cents late yesterday and 64.30 cents a week ago. The trade-weighted index was at 70.71 points from 71.04. "It seems comments from China's Ministry of Commerce confirming the negative economic impact of covid-19 have contributed to N...

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