Aussie dollar rises to highest since February 2023

Quick Summary:

The Australian dollar was enjoying the view near 19-month peaks on Sept 25 after inflation data slowed much as expected and failed to move the dial on rate cuts.

The Aussie dollar stood at 0.6890 against the US dollar and 0.8835 against the Singapore dollar at 11.15am on Sept 25.

The Aussie dollar has strengthened on inflation data.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustralia

Topics: Inflation Core Sept Easing Data Slowed Peaks First Dollar Aussie Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 11:19:50 (3 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22702185

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 8 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 12 hours ago

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Publisher ID: #25

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