The Australian dollar is around its lowest level since 2020 against the US currency, continuing its move towards 61 US cents with a sharp fall over the weekend. Apart from the lows hit nearly five ...
The recent fall in the Australian dollar against the US dollar is more a matter of the US dollar being strong than the Australian dollar being weak.
Australia’s market continues to recover from Monday’s sell-off as investors factor in a tempered Chinese response to US ...
The weaker Australian dollar is welcome news for businesses that export to countries like the US, but the lower currency can be a drain on travellers' budgets and hit import businesses.
On Tuesday midday it was at 0.62, meaning one Australian dollar can be exchanged for 62 US cents. In late September 2024 an Australian dollar had been worth 69 US cents, so it has lost 10% in a ...
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