NZ dollar falls as investors flee to safety over pandemic fears

The New Zealand dollar fell as foreign investors cash in their holdings in a flight to safety amid the worsening coronavirus crisis. The kiwi was trading at 59.60 US cents at 5pm in Wellington, off the day's low at 59.13 - its lowest since May 2009 - and down from 60.50 at the same time yesterday...

Read the full story at BusinessDesk — subscribe now: https://businessdesk.co.nz/article/nz-dollar-falls-as-investors-flee-to-safety-over-pandemic-fears

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

GEN - Dividend Reinvestment Plan Strike Price
Fletcher Building Update on Funding Facilities
December 5th Morning Report
Pacific Edge Names Simon Flood Chairman Designate
Fonterra provides FY26 Q1 business update
Devon Funds Morning Note - 4 December 2025
Six60 x SYNTHONY join forces for the first concert at One NZ Stadium
December 4th Morning Report
WCO - WasteCo appoints Stephen Towsen as Chief Operating Officer
December 3rd Morning Report