AUD/USD near Seven Year Low at 0.6850
The Australian dollar has skidded to a seven-year low as commodity prices plunge and global stock markets tank on concerns around the Chinese economy and broader global growth prospects. At 7.20am (AEDT), the local unit is trading at US68.61c, down from US69.54c on Friday. The currency plunged to US68.27c during the Saturday morning session, the …