Financial Times FT.com

Australian dollar jumps on jobless data

By Peter Smith in Sydney

Published: October 8 2009 04:20 | Last updated: October 8 2009 09:16

Australia’s unemployment rate dropped to 5.7 per cent for the month of September in a surprise development that helps vindicate the Reserve Bank of Australia’s decision this week to raise interest rates.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this