International border restrictions are expected to last for a prolonged period, said the Australian Trade Minister Simon Birmingham on Wednesday.
Additional quotes
“The return of international students can be more easily accommodated. “
“Open tourist traffic into Australia might not be until next year.”
His comments come as the fears over the second-wave of coronavirus is gripping the markets, with risk-aversion, the key theme in play so far this Wednesday.
The spike in new infections in Beijing and Victoria is weighing heavily on the aussie dollar. The AUD/USD pair is down 0.32% to 0.6860.
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