NZ dollar treads water amid covid developments

Mon, 03 Aug 2020

The New Zealand dollar was little changed from its close in New York on Friday as the market eyed coronavirus developments and the impasse in the United States congress on passing a new economic support package. The kiwi was trading at 66.35 US cents at 5pm in Wellington from 66.29 cents in New York on Friday but down from 67.05 locally at 5pm on Friday, while the trade-weighted index was at 72.13 from 72.57 at 5pm on Friday. California became the worst affected US state last week and has more than half a million people infected with covi...

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