The Australian dollar was the worst performer among Group of 10 currencies last month. Photo: Shutterstock
China-Australia relations: how an underperforming Australian dollar could entice new trade partners
- Analysts are looking into whether the Australian dollar has started to weaken recently because of ongoing tensions with China
- When a currency depreciates, that country’s exports generally become more appealing for overseas consumers
The Australian dollar was the worst performer among Group of 10 currencies last month. Photo: Shutterstock