Recent economic turmoil in China has seen many analysts place emphasis on downside revisions for commodity currencies - and notably the Australian dollar - given the relationship of its main exports of iron ore and coal to Asia. Having hit a new six-year low this past week of US$0.6959, how low can it go?
Recent economic turmoil in China has seen many analysts place emphasis on downside revisions for commodity currencies - and notably the Australian dollar - given the relationship of its main exports of iron ore and coal to Asia. Having hit a new six-year low this past week of US$0.6959, how low can it go?
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