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What Does Australia Have in Common With Colombia and Russia?

Excluding the brief fall at the worst point of the global financial crisis, this is the lowest level for the Aussie since 2007
Ian Waldie/Bloomberg
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Australia's currency has had one of the most rapid depreciations of its real exchange rate, only beaten by a ragged bunch of troubled economies.

Kieran Davies of Barclays Plc estimates that the Aussie's 16 percent fall from 2013 to the end of the second quarter is the fastest after Colombia -- where growth has halved; Russia, which is in recession; Brazil, which is also in a slump, and Japan.