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.
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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