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Market summary

12 Aug 2020, 5:37 NZT

Morning report

Global markets were mostly modestly higher to start the week, with signs of an economic recovery fuelling a rotation of investments into the so far under performing cyclical sectors.

FX Rates

As at 12 Aug 2020, 5:37 NZT

NZD vs Rate
Australian Dollar 0.92
Canadian Dollar 0.874
Euro 0.56
British Pound 0.503
Hong Kong Dollar 5.103
Japanese Yen 70.183
U.S. Dollar 0.658

Rates are indicative only. They are for interbank transactions and calculated at the mid-point.

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