Analysis: Why the Aussie dollar keeps rising

The Australian dollar has risen US$0.03 in just two days. Ricardo Goncalves spoke with ANZ economist Ivan Colhoun to understand why.

australian_dollar_rise_300311_B_AAP_151445948
The Australian dollar has risen US$0.03 in just two days as investor appetite returns for our currency.

A weaker US dollar, the highest interest rates in the industrialised world and increasing demand of our commodities has seen a rush of buying of the Australian dollar.

For more on where the once 'Aussie Battler' is headed, Ricardo Goncalves spoke with ANZ economist, Ivan Colhoun.


Share
1 min read

Published

Updated

By Ricardo Goncalves
Source: SBS

Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world