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Aussie dollar at record High

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THE dollar has hit US92c for the first time since 1984

The rise is linked to expectations of an interest rate rise next month.

The domestic currency touched US92cs at 8.17am before reaching 92.14 US cents at 8.25am, to attain its strongest level since May 4, 1984, when it closed at 92.80 cents.

The dollar opened at US91.84c today.

The domestic currency's rise is linked with expectations that Australian interest rates will climb next month, while in the United States consumer interest rates are tipped to fall.

Readers of our newsletter have reported good returns on their currency investments after our many recent bullish recommendations on the Australian Dollar.

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