NZ dollar jumps on news lockdown will end next week

Mon, 20 Apr 2020

The New Zealand dollar spiked higher after Prime Minister Jacinda Ardern announced the lockdown will be eased from midnight on April 27. The kiwi was trading at 60.51 US cents at 5pm in Wellington from 60.22 immediately before the announcement. That was up from 60.30 US cents in New York on Friday and 60.18 at 5pm locally on Friday. The trade-weighted index was at 68.76 from 68.36. Ardern said the country will move from level 4 to level 3 in a week's time, which will mean a number of industries including construction and takeaway food ope...

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