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The Australian dollar declined below 92 US cents for the first time in six months as continued strength of the US dollar overpowered positive jobs data.
On Friday, the Aussie traded at 91.00 US cents, down from Thursday’s 91.61 US cents.
The currency decreased 90.89 US cents early Friday, its weakest since March 24.
Figures showed the number of employed individuals climbed by 121,000 in August while the unemployment rate dropped to 6.1%, previously 6.4%.
The currency shortly rose above 93 US cents but tumbled against the greenback. This week, the Aussie has been declining almost 3%.
"Not even the strongest monthly rise ever seen in Australian employment could save the Australian dollar overnight," said Spiros Papadopoulos, Senior Economist at National Australia Bank.
