NZ dollar rises on optimism about domestic, global recovery

Mon, 08 Jun 2020

The New Zealand dollar continued its march higher on optimism the global economy is recovering from coronavirus inspired lockdowns and as Prime Minister Jacinda Ardern confirmed this country will return to normal from midnight, although the borders remain closed. The kiwi was trading at 65.13 US cents at 5pm in Wellington, down from the post-lockdown high at 65.37 cents about midday but up from its close in New York on Friday at 65.07 cents. The currency gained more than 5 percent last week. Ardern said that, 75 days after the near total...

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