Australia Newz

Dollar torpedoed by Turkey

Dollar torpedoed by Turkey



2018-08-10T07:30:00+0000

The Australian dollar has tumbled in late trade as fears of contagion roil currency markets after Turkey’s lira dives 14pc.

The Aussie dollar has tumbled to a 19-month low, as emerging market currencies take a huge hit from a 14pc fall of Turkeys lira against the US dollar.



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