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Name: Australian dollar plummets - what does this mean for the economy?
Uploaded: 2025-01-03T09:33:36.644Z
Duration: 2 min 20 s
Description: The Aussie dollar is nearing its lowest levels against the greenback since the early days of the COVID pandemic when it plunged to a low of 57.5 US cents. Experts say a sustained downturn could mean good news for some parts of the economy, while threatening others and potentially spurring inflation.

Australian dollar plummets - what does this mean for the economy?

Published 3 January 2025, 8:28 am

The Aussie dollar is nearing its lowest levels against the greenback since the early days of the COVID pandemic when it plunged to a low of 57.5 US cents. Experts say a sustained downturn could mean good news for some parts of the economy, while threatening others and potentially spurring inflation.

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Australia

Finance