Australian dollar / Indonesian rupiah

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Updated: 18 Jan, 2:49 pm UTC
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The Australian Dollar (AUD) is a key currency in financial markets and is used as a means of investment and trade. It is a major currency in the Forex market and is used to trade with other currencies. For investors, the AUD provides access to the Australian economy and its strong growth prospects. The AUD is also a popular currency for global investors to hedge against the US Dollar and other currencies. As a result, investors can protect their portfolios from fluctuations in currency exchange rates. Furthermore, the AUD is recognised as a safe-haven currency, providing stability in times of economic and political uncertainty.