Australian Dollar/United States dollar

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Updated: 18 Jan, 2:52 pm UTC
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The Australian Dollar (AUD) is a key currency in the global economy, and is used in both investing and financial markets. It is a major trading currency and is a significant part of many international transactions. It is also used as an investment currency by many investors, as it provides a stable option to invest in a secure, developed economy. The AUD is also used as a hedge against other currencies, providing a safe investment option during times of economic uncertainty and market volatility. The AUD is used to purchase commodities and worldwide stocks and bonds, providing investors with diversified investment opportunities.