SYDNEY, Feb 20 (Reuters) - One of Australia's largest ⁠pension ⁠funds, UniSuper, has increased hedging of ⁠its overseas investments as it says the local currency is undervalued and will rise as the ...
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved in July 2011. The local currency approached 80 US cents during the depths of the COVID-19 emergency in February ...