Dollar shifts up a gear as COVID-19 looms over England s Freedom Day Toggle share menu
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Dollar shifts up a gear as COVID-19 looms over England s Freedom Day
A woman walks in front of a currency exchange bureau advertisement showing an image of the US dollar in Cairo, Egypt on Mar 17, 2020. (Photo: Reuters/Amr Abdallah Dalsh)
19 Jul 2021 02:20PM Share this content
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SINGAPORE: The safety of dollars and yen was sought on Monday (Jul 19), keeping the greenback near its strongest in months, as the spread of the delta coronavirus variant shook investors confidence in growth and left many nervous about England s reopening.
Dollar shifts up a gear as virus looms over England's 'Freedom Day' | Money
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Commonwealth Bank has led a rapid series of moves by Australia’s biggest banks to support customers as strict measures to contain the delta outbreak threaten to derail the economic recovery.
Within 24 hours of the dramatic escalation of Sydney’s lockdown, banks had detailed measures including free overdrafts for small businesses, targeted home loan deferrals and had extended a promise not to evict customers from their homes.
CBA chief executive Matt Comyn has extended a pledge it made at the height of the pandemic last year not to evict customers from their homes to the end of summer 2022.