Currency

Aussie Dollar 24 Year Record High

Mon, 19/05/2008 - 00:17

Aussie Dollar Chart

The Aussie dollar hit a 24-year high this morning against the US dollar greenback. At 7am local Sydney time, the Australian dollar was trading at $US0.9565, up more than one US cent from Friday's close of 0.9434. This means imports like electronics and other products from overseas are cheaper. The Australian dollar has more buying power overseas so it is a perfect time to travel or buy up foreign currency, especially the US Dollar.

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