Falling Australian dollar spells bad news for travellers and shoppers

The value of one Australian dollar dropped to a low of 59.64 US cents, its lowest point since April 2020‘Bloodbath’ market opening sees ASX shed $160bnGet our afternoon election email, free app or daily news podcastElection 2025 live updates: Australia’s federal election campaignConsumers and travellers will face higher prices after the Australian dollar fell to Covid-era lows, as markets reel from Donald Trump’s “liberation day” tariff plan.Fears of a global