Australian dollar forecast to hit US60 cents

By Rose Powell, Vanessa Desloires
Updated September 3 2015 - 12:08pm, first published 9:32am
The dollar could reach 60 cents. Photo: Phil Carrick
The dollar could reach 60 cents. Photo: Phil Carrick
<p>
<p>

Few would have thought a year ago the Australian dollar, which was barely 5 cents from parity with the greenback, would be trading at US70¢ but on Wednesday it plunged lower to reach a six-year low.

Get the latest St George news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.