The currency of the world's largest copper producer Chile hit a fresh 14-month high after prices of the metal pushed back towards their multi-year highs.
"It's possible to shift from stabilising leverage to reducing leverage if the recovery reaches a certain stage, but we should not rush," said Jia Kang, head of the China Academy of New Supply-side Economics.
NAB's Strickland noted that news on the virus has been encouraging with community transmission cases falling to eight on Tuesday from 15 on Monday and 30 the day before.
Seoul city is considering going further than the national rules to ban gatherings of more than five people, starting the day before the Christmas holiday, Yonhap news agency reported.
The minister also asked for focusing on innovations and modernization of agriculture sector in order to enhance agro-base through value addition of agriculture products that have brighter scope for talented young boys and girls.
The Aussie stood at $0.7616 having climbed 1.1% for the week to touch $0.7639. That was the highest since June 2018 when it topped at $0.7677, the next major chart target.
This could happen if "the meaningful rollout of an approved vaccine is delayed by about three quarters and is limited by a general reluctance to be immunized."
"If the coal issue with China is resolved early in the new year, it would relax the market in relation to other commodities that are exported to China," Smoling added.
Accordingly, many economists see further monetary easing next year, given the relatively weak fiscal support from the government to pull the economy out of its first recession in nearly three decades.
That deficit is being funded by the biggest government borrowing program in Australian history, but so far demand for the debt has been more than ample.
UAE's non-oil gross domestic product (GDP) is expected to grow by 3.6% in 2021, state news agency WAM reported on Saturday citing central bank estimates, suggesting the economy will rebound from an expected contraction in 2020.
Tunisia's public finances are in a dire situation, with the government now forecasting a budget deficit of 11.4% of GDP in 2020, the highest in nearly four decades.
New Delhi has struggled to kick-start an economy that is expected to shrink 9.5 percent this year, according to estimates released by India's central bank governor Shaktikanta Das last month.