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Australian dollar falls as Crimea tensions escalate

THE Australian dollar is lower as Russia builds up troops number on its border with the Ukraine.

This morning, the dollar was trading at 90.16 US cents, down from 90.51 cents on Thursday
This morning, the dollar was trading at 90.16 US cents, down from 90.51 cents on Thursday

THE Australian dollar is lower as Russia builds up troops number on its border with the Ukraine.

At 0630 AEDT on Friday, the local unit was trading at 90.16 US cents, down from 90.51 cents on Thursday.

Russia says it is stepping up field training for tank, artillery and infantry units in three regions next to the Ukrainian border, ahead of a referendum on the Crimea region joining Russia on Sunday.

Original URL: https://www.news.com.au/finance/markets/australian-dollar-falls-as-crimea-tensions-escalate/news-story/357f6fe8671458e151634bc21e29fba4