(Bloomberg) -- The Australian dollar fell from a two- week high on a decline in the prices of copper, gold and other metals the nation exports.
The currency slid as a measure of six metals on the London Metal Exchange dropped 2.5 percent, the most in two months. Australia's dollar reached a 17-year high in April as the index hit a record. Raw material exports contribute about 14 percent to economic growth.
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment