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Market summary

23 Jan 2021, 5:07 NZT

Morning report

Global markets, particularly in the US, Europe and UK, fizzled out after a brief rally following the inauguration of Joe Biden as rising COVID-19 infections and weak economic data brought investors back to reality

FX Rates

As at 23 Jan 2021, 5:07 NZT

NZD vs Rate
Australian Dollar 0.93
Canadian Dollar 0.913
Euro 0.59
British Pound 0.525
Hong Kong Dollar 5.569
Japanese Yen 74.534
U.S. Dollar 0.718

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

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