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Australian dollar boosted by strong jobs figures

THE Australian dollar remains well above 93.5 US cents strong on the back of better than expected jobs figures.

On Friday morning, the dollar was trading at 93.72 US cents.
On Friday morning, the dollar was trading at 93.72 US cents.

THE Australian dollar remains well above 93.5 US cents strong on the back of better than expected jobs figures.

At 0630 AEST on Friday, the local currency was trading at 93.72 US cents, down from 93.84 cents on Thursday.

Australia's unemployment rate stayed at 5.8 per cent in April, beating economists' expectations of 5.9 per cent.

The number of people with jobs rose by 14,200, higher than the 8,000 the market was expecting.

Originally published as Australian dollar boosted by strong jobs figures

Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar-boosted-by-strong-jobs-figures/news-story/7b2f1fc38a5f000c1f38e5f95eb6ef41