Aussie, Kiwi Dollars Risk Flu Fall-Out

May 1, 2009 – 3:40PM

The Australian and New Zealand dollars are the ”most exposed” among major currencies to declines because of the global swine flu outbreak, Barclays Capital said.

The World Health Organization may soon declare the first influenza pandemic since the 1968 outbreak that killed 1 million people across the globe. The WHO raised its six-tier alert to 5 on April 29. Swine flu has reached 11 countries, including Mexico, the US, Germany, Israel, the UK and New Zealand.

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Clare Swinney

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Clare Swinney