71.   Foreign investors who sell Australian bonds and other assets sometimes also sell the Australian dollars they receive for them.

72.   Fraser pointed to strong retail sales, employment growth and the depreciating Australian dollar as factors which potentially will fuel inflation.

73.   For the Australian dollar though, it was bad news.

74.   Fund managers stepped up their purchases of assets of Australian dollars in March.

75.   Gains for most stocks were checked by concern over the drop in the Australian dollar to near its four-year low today, eroding returns for offshore investors.

76.   Gold also fell as the Australian dollar traded at its highest level against the U.S. dollar in more than four years.

77.   Gains in equities are good for the Australian dollar since global investors buying stocks need the currency to pay for them.

78.   Global investors purchasing the stock will need Australian dollars to pay for them.

79.   Global investors snapping up Australian stocks need Australian dollars to pay for them.

80.   Growth in exports and imports last month also boosted the Australian dollar, analysts said.