Top of the morning to you, mate.
The Vegemite dollar fell against the Chicken Rice dollar at the end of trading yesterday — its lowest in seven years at $0.9785.
It's nothing like 2008, of course, when the AUD bottomed out at $0.90 and everyone started packing their bags for a trip to Down Under.
Can we expect the AUD to further depreciate in the next few days? Not likely, said an analyst interviewed by Channel NewsAsia, who implied that this is as good as it gets.
“I expect a weaker Sing dollar, and a weaker Australian dollar, with the common driver being a slowing China,” said Sim Moh Siong, a senior currency strategist at Bank of Singapore.
Guess we won't be mass-ordering Vegemites any time soon, then.