05/10/2011 - 06:46

A$ slumps overnight then recovers

05/10/2011 - 06:46

Bookmark

Save articles for future reference.

The Australian dollar fell to its lowest levels in more than a year overnight but subsequently recovered to be slightly stronger than yesterday’s close. The initial fall followed the RBA’s indication that it was open to an interest rate cut if inflation pressures ease.

This article is only available to our paid subscribers.

To read this article and get full access to every insight Business News offers, subscribe today.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options