(Tamika Seeto’s article from the NEWS.COM.AU on 09 November 2026.)
Aussie dollar drops to lowest level
since March after RBA interest rate hike: An RBA call and global jitters have
pushed the Aussie dollar into dangerous territory, and economists warn there’s
more pain to come.
The Australian dollar has reached
its lowest level since March as a “brutal” combination of factors saw it take
the crown for the worst-performing of the major currencies last week. The
Aussie dollar finished the week down 2.3 per cent against the US dollar, buying
about 68.66 US cents.
CommSec equity market commentator James Gruber said there were a few reasons behind the Aussie dollar’s sharp fall. “The main one was a shift in interest rate expectations following the RBA’s rate hike last Tuesday,” Mr Gruber told news.com.au.








