Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
The real reason for AUD strength
Much has been made of the fact that the strength in AUD has been driven by sovereign demand for Australian debt, but it is the foreign direct investment (FDI) sparked by the country’s mining boom that has been the real driver of the currency, argues ANZ.
To receive similar stories, sign up for Forex emails.