Aussie trades near 4-month high as BHP increases forecast

Source: Bloomberg
The Australian currency fluctuated on Tuesday and traded close to the strongest level in a four-month period after the country's largest exporter export, BHP Billiton Ltd., increased its forecast of iron ore production. The so-called Aussie traded at 96.46 U.S. cents as of 3:30 p.m. Sydney time following an increase to the highest figure since July 4 at 96.79 yesterday.

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Tue, 22 Oct 2013 07:52:06 GMT

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Tue, 22 Oct 2013 07:25:08 GMT

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