Aust, NZ dollars plunge amid panic selling

Updated March 19 2020 - 2:36pm, first published 2:17pm
The Australian dollar reached 2002 lows before rebounding slightly. Picture: Shutterstock
The Australian dollar reached 2002 lows before rebounding slightly. Picture: Shutterstock

The Australian and New Zealand dollars have tumbled to multi-year lows as panic selling swept global markets and stressed investors dumped any liquid asset to raise cash.

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