# Australian dollar tumbles below 69 US cents despite RBA rate rise: the week in currencies

> The Australian dollar fell 2.39% against the US dollar for the week, closing at 0.68652 despite the Reserve Bank of Australia raising its cash rate to 4.85%. The article attributes the currency’s weakness to stalled-growth signals from the RBA and broad strength in the US dollar, while the Swiss franc gained.

- Date: 2026-11-08 · published 2026-11-08T18:08:51.420Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/87754-australian-dollar-tumbles-below-69-us-cents-despite-rba-rate-rise-the-week-in
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Australian dollar can raise the local-currency cost of imported feed and agricultural inputs, although the story gives no direct indication of a change in commodity supply or demand.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- sharetrader.com.au: https://sharetrader.com.au/news/2026-11-08-australian-dollar-tumbles-below-69-us-cents-despite-rba-rate-rise-the-week-in-currencies

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