NZ PM Ardern: Will raise limits on social gatherings to 100 people from May 29
by Anil PanchalNew Zealand PM Jacinda Ardern recently crossed wires, via Reuters, while showing readiness to ease the coronavirus (COVID-19)-led restrictions on social gatherings.
Key quotes
Will raise the limit on social gatherings to 100 people from 29 May.
New Zealand will consider to move to alert Level 1 no later than 22 June.
More to come…
FX implications
As the news should ideally help the Kiwi, the NZD/USD pair stays mildly positive near 0.6100 by the press time. However, the gains seem to have been capped by the US-China tussle.