NZ PM Ardern: Simply not in a position to full reopen just yet

New Zealand Prime Minister (PM) Jacinda Ardern announced early Thursday that the nation is simply not in a position to a full reopen just yet. The Pacific nation’s leader also said to speed up vaccination rollout, with all eligible ages able to book in their vaccine by September 1.

Additional comments

Move to 6 weeks between doses to ensure more people are at least partially vaccinated.

Phased reopening border planned next year; self-isolation pilot to be tested.

Will move to new individual risk-based border settings that will establish low, medium and high-risk pathways from Q1 2022.

Elimination retained as the best strategy to keep covid out and economy open.

FX implications

NZD/USD pays a little heed to the news while taking rounds to 0.7040 by the press time.

Read: NZD/USD burst into life to test the mid 0.70 area