Wednesday, August 20, 2008

Aussie Central Bank Signals Early Interest Rates Cut

The Aussie Central Bank has voiced necessity to cut key interest rates early to counter economic slowdown. With that, the Australian dollar is set for a steeper fall after an already falling Aussie dollar. See how the Aussie dollar has performed for the past few months. In case many are also interested in the Kiwi dollars, I have included its performance as well.

Australian Dollar Against US Dollar
http://sg.finance.yahoo.com/currency/convert?amt=1&to=USD&from=AUD

Australian Dollar Against Singapore Dollar
http://sg.finance.yahoo.com/currency/convert?amt=1&from=AUD&to=SGD

New Zealand Dollar Against US Dollar
http://sg.finance.yahoo.com/currency/convert?amt=1&to=USD&from=NZD

New Zealand Dollar Against Singapore Dollar
http://sg.finance.yahoo.com/currency/convert?amt=1&from=NZD&to=SGD

Risk of deeper Australian slowdown: central bank
http://afp.google.com/article/ALeqM5guwXk77ZM16V-1mEQGyAbxFzLE_w

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