Australian dollar / Mexican peso

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Updated: 18 Jan, 2:56 pm UTC
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The Australian Dollar plays an important role in investing and financial markets. It is the currency used in Australia, and is widely traded in the global forex market. As a result, it is an important currency for investors, particularly those trading international stocks and commodities. The Australian Dollar is also widely used as a hedge against currency fluctuations, allowing investors to protect their investments from exchange rate risks. It is also used by investors to take advantage of the relative strength of the Australian economy, by investing in Aussie assets. The Australian Dollar is an important part of the global financial markets, and plays an important role for investors.