The Australian dollar saw its biggest loss in three months on concern the nation’s high interest rates will soon fail to attract investors. Borrowing costs are climbing around the world. The currency lost 1.5 percent this week as interest rates in Australia stayed at 5.5 percent. The US Fed is expected to increase interest rates a few more times this year.

The Bank of Japan has indicated it might also soon start increasing rates. These developments are likely to keep the Australian dollar low for some more time. A report indicating increased employment had helped the currency earlier this week. But that trend has been short-lived.