New Zealand (NZ), Finance Minister Grant Robertson announced on Monday, they will extend the mortgage deferral scheme, which was set to expire on September 27, by six months to now end March 2021. Commenting on the wage subsidy extension, Robertson said that it will cover 470K jobs while costing the economy around NZD510 million. The new wage subsidy will help support cashflow and confidence, he added. On Friday, he said that the wage subsidies extension could cost the economy NZD1 billion. NZD/USD back on the bids NZD/USD picked up fresh bids on the above comments, heading back to test the 0.6550 level, up 0.07% on the day. The spot hit a low of 0.6527 in early trades. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia re-opens borders for international students from early September FX Street 2 years New Zealand (NZ), Finance Minister Grant Robertson announced on Monday, they will extend the mortgage deferral scheme, which was set to expire on September 27, by six months to now end March 2021. Commenting on the wage subsidy extension, Robertson said that it will cover 470K jobs while costing the economy around NZD510 million. The new wage subsidy will help support cashflow and confidence, he added. On Friday, he said that the wage subsidies extension could cost the economy NZD1 billion. NZD/USD back on the bids NZD/USD picked up fresh bids on the above comments, heading back to test the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
