Australian Dollar bounces back from a three-year low

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/FP
Aussie jumped 0.9% versus the greenback, trading at $0.9079 as of 9:56 a.m. GMT. The currency dropped to the lowest level in three years on Monday, when the Reserve Bank of Australia set the benchmark interest rate to a record low 2.5%, down 25 basis points. The decision came after inflation data showed better-than-expected figures. The Australian Dollar has declined about 15% since May 11.
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