Aussie hits five-year high against US dollar


THE Australian dollar hit a five-year high against the greenback at 68.16 US cents in early Asia trade yesterday, in the wake of the Reserve Bank of Australia's decision to leave interest rates unchanged at 4.75% for the 13th consecutive month. 

The currency later eased back from its peak to between 0.677 and 0.68 US cents. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian shares jump on tech boost; fragile yen on intervention watch
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues
Tony Fernandes signs 5-year extension as Capital A CEO
Australia Q1 inflation slowdown disappoints, rate cut bets gone
Ringgit rebounds on softer US$ after PMI data
Positive earnings outlook for Axis REIT
FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily

Others Also Read