The Australian dollar is not tied any more on economy China

Within many decades Australia was the main supplier of raw materials to China that made AUD favourite currency of traders and national welfare funds who want to play on growth of the Chinese economy. However, trade relations between Beijing and Canberra worsened, and the Australian dollar lost appeal as growth indicator in China. In response to appeals of the prime minister Australia Scott John Morrison to make the international investigation of the first flash of Koronavirus, China entered a number of restrictions on import. Also these restrictions concerned also tariffs for the Australian goods...