# Dollar At Risk Of Falling Below US60c, Warns CBA – channelnews

> The Commonwealth Bank warned the global banking crisis could push the Australian dollar below US60c in a worst case. The dollar was trading just above US67c, and RBA assistant governor Chris Kent said Australian banks are strong.

- Date: 2023-03-20 · published 2023-03-20T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/37127-dollar-at-risk-of-falling-below-us60c-warns-cba-channelnews
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency volatility from banking stress can shift export competitiveness for Australian grains and meat, but the direct price effect on feed commodities is limited.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- channelnews.com.au: https://www.channelnews.com.au/dollar-at-risk-of-falling-below-us60c-warns-cba/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.