As the Aussie dollar falls against the US dollar, more economic pressure looms for households - ABC News
5/11/2022 12:00:00 AM3 yearsago
by David Taylor
by David Taylor
The dollar in your pocket doesn't go as far when you're buying something made overseas. And, with the Aussie dollar falling against the greenback, that's bad news for inflation, writes David Taylor.
The Australian dollar has become a little unpopular of late. In April it was trading above 75 US cents, but this week it's fallen below 70 US cents. For currency market watchers, that's a sizeable m… [+5113 chars]
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