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This Article is From Jul 07, 2016

Aussie Declines After S&P Cuts Australia’s Outlook: Chart

Aussie Declines After S&P Cuts Australia’s Outlook: Chart

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(Bloomberg) -- A signal that Australia's top credit rating may be at risk sent the local dollar lower Thursday. S&P Global Ratings cut the outlook on the nation's AAA bond rating to negative from stable, sending the Aussie down by as much as 0.7 percent.

To contact the reporter on this story: Jake Ulick in Hong Kong at julick@bloomberg.net. To contact the editors responsible for this story: Tomoko Yamazaki at tyamazaki@bloomberg.net, Naoto Hosoda

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