CAPITAL MARKETS

Aussie dollar surges through 80c

A SLUMP in the US dollar has seen the Australian currency rise to over US80c, as iron ore continued its rally.

Kristie Batten

The Australian dollar hit a three-month high of 80.28c this morning, after sitting at around 78c the same time yesterday. The US dollar dropped to a two-month low ahead of this week’s Federal Open...

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