CAPITAL MARKETS

Higher dollar, but metals drag down market

WHILE the Australian dollar hit a new record amid stronger than expected consumer price index data, the local share market ended the day underwater, dragged down by lower metals prices.

MiningNews.Net

The local unit reached a high of $US108.51 against the greenback, smashing the previous record of $US107.77 set last Thursday. This was achieved as the Australian Bureau of Statistics announced the...

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