NZ dollar treads water as investors fret about coronavirus

Mon, 03 Feb 2020

The New Zealand dollar was little changed amid ongoing worry about both the spread of China's coronavirus and the economic impact of measures aimed at countering it. The kiwi was trading at 64.63 US cents at 5pm in Wellington from 64.64 in New York on Friday and from 64.77 locally at 5pm on Friday. The trade-weighted index was at 71.65 points from 71.60. New Zealand's government has temporarily banned entry to this country of foreign nationals travelling from, or through China, and domestic businesses including logging companies and other...

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