Why is the Australian dollar falling and what could it mean for you?
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.
Australian Broadcasting Corporation19d
Australian dollar now at risk of plummeting to pandemic-era lows, analysts say
"The problem with the Australian dollar appears to be that there was a real wobble in the Chinese currency into New Year's Eve," InTouch Capital Markets senior FX analyst Sean Callow said.
The Australian Financial Review17d
Why the falling $A could delay RBA rate cuts
An Australian dollar below US60¢ could derail the path to lower interest rates and keep inflation at a higher level than the Reserve Bank is comfortable with, strategists warn, as the currency ...
The Australian Financial Review7d
ASX to drop as markets fret currency slump will put off rate cut
The Australian currency is regarded as a proxy for China’s growth and tends to fluctuate with its fortunes. It has been tracking a weaker Chinese yuan and there are expectations that Beijing ...