NZ FinMin Robertson: Economy is opening up and improving

Dhwani Mehta FXStreet

New Zealand’s (NZ) Finance Minister Grant Robertson came out on the wires on Friday, via Reuters, noting that the economy is opening up and improving.

Nothing further is reported by the Finance Minister.

Market reaction

The kiwi dollar ignores the upbeat comments from Robertson, as the US-China spat continues to weigh on the market sentiment. The weakness in oil prices is also weighing on the resource-linked kiwi.

At the press time, NZD/USD drops 0.17% to 0.6194.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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