InvestSMART

Aust dollar falls in early trade

Local currency slips as United States stimulus tapering expectations weigh.
By · 25 Nov 2013
By ·
25 Nov 2013
comments Comments
Upsell Banner

The Australian dollar has stayed below 92 US cents as expectations the United States Federal Reserve will taper its economic stimulus program weighs on the currency.

At 0630 AEDT, the local unit was trading at 91.77 US cents, down from 91.79 cents on Friday.

Early on Saturday morning, Australian time it dropped to 91.44 US cents, its weakest level since September 6.

Share this article and show your support
Free Membership
Free Membership
AAP
AAP
Keep on reading more articles from AAP. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.