Why is the Aussie dollar so high right now?

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The Australian dollar has surged to its highest level in nearly two years, hitting 70 US cents as the U.S. dollar collapses to a four-year low. While that's great news for overseas travellers, it comes at a complicated time: new inflation data shows prices rising faster than expected, and all eyes will be on the RBA meeting next week. On today's episode, we unpack why currencies are on the move, what's driving Australia's currency up, and the not-so-positive news at home.

Hosts: Sam Koslowski and Billi FitzSimons
Producer: Rosa Bowden

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