Short answer:
Yes
Long answer:
Dollar tumbles as Chinese officials ban Australian coal imports; analysts say move 'crystallises fears' about possible crackdown.
News of the ban sent the Australian dollar tumbling in late afternoon trade. That US$272m just got a bit more valuable...
https://www.abc.net.au/news/2019-02-21/china-bans-coal-import-and-send-dollar-tumbling/10835136