BR100 Increased By (0.2%)
BR30 Decreased By (-0.04%)
KSE100 Increased By (0.15%)
KSE30 Increased By (0.17%)
AGHA 6.75 Increased By ▲ 0.07 (1.05%)
BECO 4.41 Increased By ▲ 0.04 (0.92%)
BML 56.79 Decreased By ▼ -0.53 (-0.92%)
BOP 30.46 Increased By ▲ 0.11 (0.36%)
CNERGY 13.16 Increased By ▲ 0.04 (0.3%)
CSIL 5.36 Decreased By ▼ -0.05 (-0.92%)
FCCL 52.95 Increased By ▲ 0.16 (0.3%)
FFL 14.84 Increased By ▲ 0.12 (0.82%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 5.98 Increased By ▲ 0.25 (4.36%)
LOTCHEM 26.60 Increased By ▲ 0.14 (0.53%)
MLCF 93.61 Increased By ▲ 0.45 (0.48%)
NBP 164.81 Increased By ▲ 0.15 (0.09%)
NCPL 55.70 Increased By ▲ 0.04 (0.07%)
NPL 60.95 Decreased By ▼ -0.21 (-0.34%)
OGDC 315.40 Decreased By ▼ -1.33 (-0.42%)
PACE 9.98 Increased By ▲ 0.11 (1.11%)
PAEL 35.63 No Change ▼ 0.00 (0%)
PIBTL 14.95 Increased By ▲ 0.27 (1.84%)
PPL 225.50 Decreased By ▼ -1.41 (-0.62%)
PRL 93.44 Increased By ▲ 0.42 (0.45%)
PTC 60.44 Increased By ▲ 0.18 (0.3%)
SSGC 23.89 Increased By ▲ 0.08 (0.34%)
TBL 8.83 Increased By ▲ 0.08 (0.91%)
TELE 7.87 Increased By ▲ 0.07 (0.9%)
TPL 22.36 Increased By ▲ 0.01 (0.04%)
TPLP 12.90 Decreased By ▼ -0.07 (-0.54%)
TREET 22.30 Increased By ▲ 0.14 (0.63%)
TRG 56.80 Increased By ▲ 0.24 (0.42%)
Markets

Australian dollar falls to two week low vs US dollar

Published Updated

aus-dollars LONDON: The Australian dollar fell to a two-week low against the US dollar on Thursday as concerns about the looming US fiscal cliff weighed on appetite for perceived riskier currencies.

 

The Australian dollar fell 0.4 percent on the day to US$1.0330, its lowest level since Oct. 30.

 

Traders cited unwinding of long Australian dollar positions in other currencies as another factor contributing to the Aussie's decline.

 

Copyright Reuters, 2012

Comments

Comments are closed for this article.