Dollar surges over US 90-cent mark

It hit the mark at 10.46 (AEST) this morning, its highest level since June 4, 1984 when the Australian dollar closed at 90.5 US cents.

The Aussie dollar opened at 89.93 US cents during the local session today.


The Aussie climbed to US90.06c in overnight trade - its highest level since June 12, 1984 - amid further weakness in the US dollar.

When the Australian foreign exchange market opened formally this morning, the Australian dollar was at US89.93c.