NZ dollar falls on pandemic declaration, Europe travel ban

Thu, 12 Mar 2020

The New Zealand dollar fell as the World Health Organisation declared coronavirus a pandemic and after US President Donald Trump banned travellers from Europe for 30 days. The kiwi was trading at 62.58 US cents at 5pm in Wellington from 62.85 at the same time yesterday. The trade-weighted index was at 69.77 points from 69.84. Trump's travel ban, which doesn't include travellers from the United Kingdom, is despite a wealth of evidence that the virus is being transmitted within US communities, not just by travellers. Hamish Pepper, fixe...

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