Aussie to Join Kiwi in Retracing Too-Quick Loss

Aussie to Join Kiwi in Retracing Too-Quick Loss

Ian Waldie/Bloomberg

The Australian dollar’s 11 percent decline against its U.S. counterpart this quarter is the biggest since it plunged to a five-year low of 60.09 U.S. cents after Lehman Brothers Holdings Inc.’s collapse in 2008, according to data compiled by Bloomberg.