How bushfires and Wuhan virus fear have converged to drag down Australia’s currency
|01/24/2020||Posted by BusinessMediaguide.Com under General World News||
- Australia’s national currency on Friday traded lower than it has in over a month.
- Bushfires and the Wuhan virus may be weighing on the Aussie dollar.
- Visit Business Insider’s homepage for more stories.
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 >>>