NZ dollar in holding pattern pending coronavirus developments

Thu, 05 Mar 2020

The New Zealand dollar firmed but remains within its recent range as the market awaits further developments in the coronavirus crisis. The kiwi was trading at 62.97 US cents at 5pm in Wellington from 62.75 cents at the same time yesterday. The trade-weighted index was at 69.87 points from 69.64. The official tally of people infected with the virus is approaching 95,000 in 84 countries and 3,285 people are known to have died of it. Another 306 infections and 31 deaths were reported in the past day. "We're in a bit of a holding patter...

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