Aust dollar hits fresh 3-month low

Local currency extends its recent decline in early trade, holds below US91c.

The Australian dollar has dipped to a fresh three-month low as falling commodity prices and the prospect of an interest rate cut in the new year keeping the currency under pressure.

At 0630 AEDT, the local unit was trading at 90.70 US cents, down from 91.26 cents on Wednesday.

In overnight trade, it fell as low as 90.65 US cents, its weakest level since September 4.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles