Dollar slides toward new low

By Lorna Brett · 23 September 2011 · Economy

Dollar slides toward new low

Dollar hits rock bottom, what's next?

The Australian dollar has taken a drastic plunge, but is this the end of the slide? Find out what's driving the market and what it means for your finances.

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Summary

The Australian dollar has slipped below parity overnight, falling close to its lowest level since March this year.

Tags: Australian dollar slides, Dollar falls, dollar falls below parity, dollar trading low, Federal Reserve negative outlook, global economic slowdown, HSBC China Manufacturing Purchasing Managers Index, strength of the Australian dollar