NZ dollar sheds 2% in week on virus worries

Fri, 31 Jan 2020

The New Zealand dollar is headed for a 2 percent weekly decline on growing concerns at the spread of China’s coronavirus. The kiwi was trading at 64.77 US cents at 5pm in Wellington from 65.04 cents at the same time yesterday. It was at 66.18 US cents at 5pm last Friday in Wellington. The trade-weighted index was at 71.60 from 71.89 late yesterday. The kiwi has been knocked back against the greenback as the number of deaths from the virus surpasses 200 and the number of confirmed cases heads towards 10,000. The US State Department today i...

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