NZ media report on COVID-19 aboard a visiting container ship

  • 11 of the 21 crew on board the Rio de la Plata had tested positive, with some likely to be active cases.
  • the ship spent more than two days berthed at the Port of Tauranga in New Zealand
  • nearly a hundred Tauranga port workers who boarded the ship have been sent home

Link here to the report.

NZ has done a stellar job containing the spread of the virus and the economy is so well recovered that a rate hike from the RBNZ on August 18 is a certainty according to market pricing.

If there happened to be an outbreak the NZD could well be vulnerable to a dip.