Smaland
10-14-2010, 04:04 PM
The Australian dollar has leapt to within a whisker of parity with the US dollar, as financial markets bet the world's biggest economy will soon resume printing money.
Last night the currency struck a fresh 28-year high of US99.94c, sparking predictions the dollar would overtake the world's reserve currency within days.
Full story (http://www.smh.com.au/business/australian-dollar-within-a-whisker-of-greenback-parity-20101014-16lvd.html)
Last night the currency struck a fresh 28-year high of US99.94c, sparking predictions the dollar would overtake the world's reserve currency within days.
Full story (http://www.smh.com.au/business/australian-dollar-within-a-whisker-of-greenback-parity-20101014-16lvd.html)