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Why is the Aussie dollar falling? Impact on rates, travel, economy

The Australian dollar (AUD) has had a challenging start to the year, dipping below 62 US cents on Wednesday and reaching a low of 61.84 US cents on Thursday morning. While there was a slight recovery in early trading on Friday, the currency has been on a consistent downward trend since late September last year, when it was valued at 69.32 US cents. Thursday’s dip marks the first time the AUD has f...

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