News

NZ PM Ardern: Will move out of lockdown in a week

Having said last week that the government will make the lockdown decision on Monday, April 20, New Zealand (NZ) Prime Minister (PM) Jacinda Ardern announced that they will move out of the lockdown in a week.

She said that country will ease the lockdown restrictions on April 27.

Additional comments

Have tested over 85,000 people for covi-19, one of the highest rates per capita in the world.

The longer country is in lockdown less likely it will have to move back.

This week businesses will be allowed to get ready to open.

Country will hold at alert level 3 for two weeks before reviewing.

NZD/USD reaction

The kiwi dollar picked up a fresh bid wave on the above headlines, as NZD/USD extends the bounce above 0.6050.

At the press time, the spot jumps 0.45% to 0.6052, having hit a daily high of 0.6060.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.