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Dollar's gyrations 'worst in 25 years'

Source: ABC News
Published: Tuesday, October 7, 2008 3:33 AEST
Expires: Monday, January 5, 2009 3:33 AEST

The Australian dollar is hovering around 72 US cents after dipping below 70 US cents overnight. Commonwealth Bank senior currency strategist Richard Grace tells the Midday Report the dollar has not gyrated so extremely in nearly 25 years.

Tags: business-economics-and-finance, economic-trends, finance-markets, currency-markets, international-financial-crisis, australia

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