| The pound Australian dollar exchange rate is 0.919% higher on the day with 1 GBP = 1.5792 AUD. At the start of August the GBP AUD was at 1.483. Things are unlikely to get better for the Australian dollar in the short term.
The reason? Investors are looking to stay away from the so-called commodity currencies; of which the Australian dollar is classed. The global economic outlook has soured as of late due to events in Europe and the US..............................................Full Article: Source
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