Asset

Australian dollar / Israeli new shekel

AUDILS
forex
$2.38
stockPerformance $-0.001 (-0.042%)
Updated: 18 Jan, 3:02 pm UTC
No Trading Data Available
Description
The Australian Dollar is an important currency in the global financial markets and investing. It is used to purchase commodities, foreign exchange, and other assets. It is also used to pay for imports and exports in international trade. By investing in the Australian Dollar, investors can benefit from its strong and stable currency, which is supported by its strong economy. This can provide a hedge against other currency fluctuations, allowing investors to diversify their portfolio and reduce their risk. Additionally, the Australian Dollar is often used as a proxy for the performance of other regional economies.