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Rates of exchange
30 Nov 2009
1
EUR
= 1.621
AUD
1
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NEWS TAPE
26 Nov 2009
26 Nov 2009 17:08
Aussie Dollar Weakens as Yen Hits 14-Year High Versus Greenback
: Australia’s dollar fell the most in four weeks versus the yen as speculation global policy makers will allow further U.S. dollar weakness saw the greenback slide to a 14-year low to ...
26 Nov 2009 17:08
Australian Business Investment Unexpectedly Fell 3.9%
: Australian business investment unexpectedly fell in the third quarter as a decline in spending by manufacturing companies offset increased mining outlays. Capital spending declined 3.9 percent from the previous quarter, when it rose a revised 2.1 percent, the Bureau of Statistics said in Sydney today. The median estimate of 19 economists surveyed by ...
25 Nov 2009
25 Nov 2009 17:28
Australian Dollar Rises as RBA’s Battellino Sees ‘New Upswing’
: The Australian dollar rose after central bank Deputy Governor Ric Battellino said the economy has entered a “new upswing,” fueling speculation policy makers will raise interest rates ...
Australia to ride 'powerful' resources wave
: Australia is expecting an Asia-led boom in resources investment over the next five years, bringing "powerful and broad-ranging" economic benefits, according to its central bank. Deputy Reserve Bank of Australia (RBA) governor Ric Battellino said the economy had emerged from the global financial crisis much better than expected, thanks largely to Asian demand for its commodities. ...
25 Nov 2009 17:26
24 Nov 2009
24 Nov 2009 17:25
Australian, N.Z. Dollars Decline on Banking Sector Concerns
: The Australian and New Zealand dollars fell, after rising by the most in a week yesterday, as concern over the health of the banking sector damped demand for higher-yielding assets. ...
23 Nov 2009
Australia Shares Rise Early, But Financials Slip
: Australian stocks inched upward in early Monday trading despite a negative lead from Wall Street, though financials were mostly weak. The benchmark S&P/ASX 200 rose 0.1% to 4,690.6, with miners Alumina ...
23 Nov 2009 17:52
23 Nov 2009 17:51
Australian, N.Z. Dollars Strengthen on Equities, Commodities
: The Australian dollar ended four days of declines as Asian stocks rose and gold climbed to a record amid a weakening greenback. New Zealand’s also advanced. Australia’s currency gained versus the yen for the first time in six days as traders boosted bets the Reserve Bank of Australia will raise interest rates for a record third month on Dec. ...
20 Nov 2009
RBS Australia Sells A$2 Billion Government-Backed Bonds
: Royal Bank of Scotland Plc’s Australian unit sold A$2 billion of 15-month bonds guaranteed by the Australian government, according to a statement from the seller. The bank sold A$1.6 billion of floating rate notes that pay 25 basis points above the 3-month Australian bank bill swap rate. It also sold A$400 million of fixed-rate debt at a yield of 5.0125 ...
20 Nov 2009 17:13
20 Nov 2009 17:12
Australian Dollar Set for Weekly Loss; Global Rebound May Slow
: The Australian and New Zealand dollars headed for their first weekly loss against the U.S. currency this month on speculation a slowing global recovery will deter policy makers from ...
19 Nov 2009
19 Nov 2009 17:15
AGL lodges interest in Australia power asset sale
: AGL Energy Ltd <AGK.AX>, Australia's largest energy retailer, has lodged an expression of interest to buy some assets in the New South Wales state power sale, it said on Wednesday. "The board has approved for AGL to bid for the assets," said AGL spokesman Nathan Vass. ...
19 Nov 2009 17:12
Commonwealth Bank of Australia sells $1.25 bln notes
: Commonwealth Bank of Australia on Wednesday sold $1.25 billion of government-guaranteed notes, said IFR, a Thomson Reuters service. The 2.70 percent notes were priced at 99.93 to yield 2.715 percent, or 52.8 basis points over comparable U.S. Treasuries, according to IFR. ...
18 Nov 2009
18 Nov 2009 16:43
Aussie, N.Z. Dollars Slip as U.S. Output Data Sap Risk Appetite
: The Australian and New Zealand dollars fell for a second day after U.S. industrial production growth slowed, discouraging demand for higher-yielding assets. Australia’s currency trimmed this month’s gain to 3.1 percent as traders pared bets that the Reserve Bank of Australia will raise borrowing costs at its next meeting. Investors ...
16 Nov 2009
16 Nov 2009 16:50
Australian Dollar Approaches 15-Month High on Recovery Outlook
: Australia’s dollar approached the highest in 15 months after a report showed Japan’s economy grew more than expected, adding to signs a global recovery will spur the Reserve Bank of ...
13 Nov 2009
13 Nov 2009 17:33
Aussie to Outpace Real, Rand on Lower Risks, RBS Says
: Australia’s dollar will strengthen at a faster pace than Brazil’s real and South Africa’s rand as the commodity producer benefits from Asia’s growth and lower policy risk, Royal Bank of Scotland Group Plc said. ...
13 Nov 2009 17:32
Australian, N.Z. Dollars Gain Second Week on Jobs, House Prices
: The Australian dollar rose for a second week, after yesterday touching a 15-month high as unexpected jobs growth spurred prospects the central bank will raise interest rates in December. ...
12 Nov 2009
Australia pledges $70 mn for research projects in India
: Australia Thursday decided to scale up its collaboration with India in science and research by pledging over $70 million in areas straddling energy, agriculture and environment. Australian Prime Minister Kevin Rudd announced that his government would invest $50 million for the Australia-India Strategic Research Fund; $1 million for an innovative joint solar cooling ...
12 Nov 2009 17:08
12 Nov 2009 17:06
Australian Dollar Jumps to 15-Month High on Unexpected Job Gain
: The Australian dollar surged to its strongest in 15 months as employers unexpectedly added jobs in October, boosting speculation the central bank will raise interest rates for a record ...
11 Nov 2009
11 Nov 2009 14:48
Aussie Dollar Near Year High on China Output, Retail Sales Gain
: The Australian dollar traded near its strongest level since August 2008 as China, the South Pacific nation’s biggest trading partner, said industrial production and retail sales ...
Australia Regulator Delays Caltex-Exxon Finding Again
: Australia’s competition regulator has again delayed its findings on Caltex Australia Ltd.’s proposed A$300 million ($279 million) purchase of filling stations from Exxon Mobil Corp. The move gives the Sydney-based oil refiner more time to address concerns about the transaction and pushes an announcement back to Dec. 2, the Australian Competition and Consumer Commission said ...
11 Nov 2009 14:46
10 Nov 2009
Australia Regulator May Change Retail Bond Sale Rules
: The Australian Securities and Investments Commission may change rules governing retail bond sales to make it easier for companies to sell bonds to individual investors. ASIC is meeting market participants to discuss proposed changes and will provide an update by Christmas, Commissioner Belinda Gibson told a business gathering in Sydney today. ...
10 Nov 2009 17:21
10 Nov 2009 17:20
Australian Dollar Falls From Near Year High as Gains Too Rapid
: Australia’s dollar slid from near its strongest level this year as traders speculated the currency’s gains were too rapid. New Zealand’s fell after climbing yesterday by the most ...
09 Nov 2009
09 Nov 2009 17:17
Australian Dollars Gain as Milk, Home Loans Spur Demand
: Australia’s currency gained for a fourth day as home-loan approvals there rose the most in six months. The South Pacific dollars also climbed on speculation the Federal Reserve will keep its ...
Britain and Australia Now Seeking UBS Dat
: Authorities in Britain and Australia have requested information from UBS after the Swiss bank agreed in August to disclose some 4,450 client names to settle a U.S. tax case, the bank confirmed on Sunday, ...
09 Nov 2009 17:15
06 Nov 2009
06 Nov 2009 17:29
Australia raises growth forecasts
: The Reserve Bank of Australia (RBA) has said that the country's economy is growing faster than had been expected. It has more than tripled its growth forecast for this year from 0.5% to 1.75% and raised its 2010 forecast from 2.25% to 3.25%. ...
06 Nov 2009 17:28
Aussie Dollar Set for Weekly Gain as RBA Raises Growth Outlook
: The Australian dollar strengthened, poised for its biggest weekly advance in a month, as the central bank signaled it will add to two interest-rate increases over the past month because ...
05 Nov 2009
05 Nov 2009 17:06
Australian, N.Z. Dollars Weaken on Jobless Rates, Lower Stocks
: The Australian and New Zealand dollars fell as concerns the global recovery may falter reduced demand for higher-yielding assets. Australia’s dollar remained lower after central bank governor Glenn Stevens said a surge in mining investment will increase the nation’s current-account deficit. New Zealand’s ...
04 Nov 2009
04 Nov 2009 16:58
Australia Retail Sales Unexpectedly Fall, Driving Down Currency
: Australian retail sales unexpectedly dropped in September, driving down the nation’s currency as traders added to bets the central bank may pause after two successive interest-rate ...
03 Nov 2009
03 Nov 2009 17:24
Australian Dollar Falls as Central Bank May Slow Rate Increases
: Australia’s dollar fell after the central bank said it was “prudent to lessen gradually” the economic stimulus provided by lower-than-average borrowing costs, prompting traders to ...
03 Nov 2009 17:21
Australia Increases Benchmark Interest Rate to 3.5%
: Australia raised its benchmark interest rate by a quarter percentage point for the second straight month, becoming the only nation to increase borrowing costs twice this year as the global economy ...
02 Nov 2009
Australian, N.Z. Dollars Gain on Improving Outlooks for Growth
: The Australian and New Zealand dollars rose as government officials said the South Pacific nations’ economic expansions will quicken, boosting demand for their assets. Both currencies erased earlier declines as futures signaled U.S. stocks may recover from their biggest weekly slump since May. The Australian economy will grow 1.5 percent in the 12 ...
02 Nov 2009 16:56
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MORE POPULAR NEWS
Australia Shares Rise Early, But Financials Slip
23 Nov 2009
24 Nov 2009
Australian, N.Z. Dollars Decline on Banking Sector Concerns
26 Nov 2009
Australian Business Investment Unexpectedly Fell 3.9%
25 Nov 2009
Australian Dollar Rises as RBA’s Battellino Sees ‘New Upswing’
Volkswagen Australia Sells A$125 Million 2012 Bonds
24 Nov 2009
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