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WITH the Australian dollar closing over US90c yesterday for the first time since July 1984, analysts believe it is only a matter of time before it reaches parity with the US dollar.
The dollar, which has since fallen, was trading today at US89.31c at 12.23 EST after closing at a 23-year high of US90.33c yesterday.
ANZ commodity strategist Mark Pervan told MiningNews.
Strictly Boardroom enters the murky world of financial risk management - or is that gambling?
Aussie dollar smashes through 75c
