The Australian dollar has plunged to a five-year low as China retaliates against US President Donald Trump's trade tirade.
The Aussie Dollar is close to 60 US cents, worse than during the COVID pandemic.
Massive losses across global markets are causing concern for superannuation balances.
In an interview with Sky News Australia, Matt Grudnoff, senior economist at the Australia Institute, provided his analysis on the ongoing currency plunge
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