Resilient Aussie dollar poses questions for exporters and importers

The Australian dollar has been on a bumpy ride in the past five years, hitting highs of $US 1.07 in early 2012, to lows of under USD 0.70¢ in January this year.

Since May, the Aussie dollar has climbed from 0.72¢ to reach around 0.77¢ in mid-August, largely the result of global markets factoring Australia's official interest rates, which still ride above the interest rates of many developed economies.