NZ dollar falls as magnitude of US coronavirus crisis sinks in

Thu, 02 Apr 2020

The New Zealand dollar was weaker after a bad session on Wall Street amid a growing realisation of just how bad the coronavirus crisis in the US is becoming. The kiwi was trading at 59.28 US cents at 5pm in Wellington from 59.48 at the same time yesterday while the trade-weighted index was at 68.12 from 68.09. Those known to be infected with covid-19 in the US has jumped to 215,215, up by 26,473 a day earlier – reported infections there continue to escalate and the latest daily increase compares with 5,588 on March 20. The latest news...

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