General World News

How bushfires and Wuhan virus fear have converged to drag down Australia’s currency

The New York Stock Exchange

Australia’s national currency tumbled to its lowest level in over a month Friday, with the country’s economy vulnerable to the fallout of both bushfires raging within the country, and the coronavirus outbreak in China.

The Australian dollar hit a low of 0.6818 per $1, before paring only slightly Friday while dozens of bushfires continue to rage within Australia, with this year’s wildfire season creating the most damage read more >>>

Source:: BusinessInsider.Com