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Business

Derek Rose

BIZARRE: Shares flat as aussie dollar hits eight month high - What They Never Told You

United States Michele Bullock NAB Tapas Strickland ANZ Australian Dollar RBA

The Aussie dollar was trading for more than 66 US cents for the first time since early November. (Joel Carrett, Bianca De Marchi/AAP PHOTOS)

The Australian share market has lost ground after slightly hawkish comments by Reserve Bank governor Michele Bullock, while the local currency climbed to an eight-month high.

The benchmark S&P/ASX200 index on Thursday dropped 27.8 points, or 0.32 per cent, to 8,709.4, while the broader All Ordinaries fell 22 points, or 0.24 per cent, to 8,979.4.

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