SYDNEY: The Australian dollar held its ground yesterday as the market took comfort in data showing the economy grew as expected last quarter when the risk had been for a softer outcome.
The Aussie nudged up to US$0.7824, from a session low of US$0.7795, after figures showed gross domestic product rose a moderate 0.5% in the fourth quarter for an annual rate of 2.5%.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
