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Rates of exchange 30 Dec 2009

	1 EUR = 1.641	AUD
	1 USD = 1.090	AUD
	1 GBP = 1.805	AUD
	1 JPY = 0.013	AUD

Currency converter

	RUBRIC NEWS : "ECONOMY"

31 Dec 2009 02:56

Australia, N.Z. Dollars Drop as Falling Stocks Damp Risk Demand : Australia’s and New Zealand’s dollars fell, trimming their biggest annual advances in six years against the greenback, as declines in Asian stocks reduced demand for higher-yielding ...

30 Dec 2009 02:12

Australian Dollar Set for Monthly Decline on Outlook for Rates : The Australian dollar was little changed, heading for the first monthly drop since January, as traders pared bets the Reserve Bank of Australia will continue hiking interest rates, damping ...

24 Dec 2009 02:06

Australian Dollar Falls to 11-Week Low on Fed Reserve Optimism : The Australian dollar fell to its lowest level in 11 weeks as investors bet an improving U.S. economy will prompt the Federal Reserve to withdraw stimulus, reducing the South Pacific ...

Australia’s Stock Index May Fall to 4,500 in 2010 : Australia’s benchmark S&P/ASX 200 index will fall to 4,500 by the end of next year, about 4.5 percent below its current level, as the drivers of commodity demand in 2009 are reversed, Bank of America ...
24 Dec 2009 02:04

Australia's Western Australia: Forecasts 2009-2010 A$51 Million Surplus : Australia's Western Australia state government on Thursday forecast an operating surplus of A$51 million for the current fiscal year, compared with a previously forecast A$409 ...
18 Dec 2009 02:12

18 Dec 2009 02:09

Australian Dollar Drops to Lowest in 10 Weeks on Risk Aversion : The Australian dollar fell to its lowest level in 10 weeks as traders sold higher-yielding assets before year-end. New Zealand’s dollar slid for a third day. Australia’s dollar also declined as investors pared bets that the central bank will raise interest rates, damping demand for the nation’s assets. Demand for riskier securities slumped ...

Australia to build new coal termina : The State government of Queensland in Australia has approved a 4-billion-dollar (3.7 billion U.S. dollars) coal terminal. The Wiggins Island Coal terminal at Gladstone is a cooperation construction project involving and owned by 18 coal companies. ...
12 Dec 2009 02:36

Australia Home Price Growth to Continue, Group Says : Australian house prices are expected to gain further next year as population growth outstrips the supply of new homes, Australian Property Monitors said. The median home price in capital cities was A$501,000 ($458,000) as of Sept. 30, 3 percent above the December 2007 level, the group said in an e-mailed news release. Melbourne residential property ...
12 Dec 2009 02:31

11 Dec 2009 02:39

Australian, N.Z. Dollars Strengthen on Job Gains, Central Bank : Australia’s dollar gained for a second day after a report showed employers added more than six times the number of jobs forecast by economists. New Zealand’s currency advanced on ...

Australia’s October Trade Deficit Widens on Exports : Australia’s trade deficit widened in October as exports of coal and iron ore fell. The shortfall swelled to A$2.38 billion ($2.2 billion) from a revised A$1.85 billion in September, the Bureau of Statistics said in Sydney today. The median estimate in a Bloomberg News survey of 22 ...
10 Dec 2009 02:35

Australia’s Queensland to List Coal, Rail Network : Australia’s Queensland state plans to list its coal and rail-freight network at the end of 2010 in what is set to be the nation’s largest share sale in three years. Queensland Rail, Australia’s largest coal transporter, will be named QR National and the state will keep 25 percent to 40 percent of the business, the government said in a statement today. The sale ...
09 Dec 2009 01:57

Australia’s Third-Quarter Current Account Gap Widens : Australia’s current account deficit widened in the three months through September as exports of iron ore and coal fell and imports rose. The shortfall on goods, services and investment grew to A$16.18 billion ($14.8 billion) from a revised A$13.1 billion in the second quarter, the Bureau of Statistics said in Sydney today. The ...
09 Dec 2009 01:56

08 Dec 2009 01:41

Australian, N.Z. Dollars Advance on Signs of Global Recovery : The Australian and New Zealand dollars rose, ending a three-day drop, as optimism the global economy is recovering spurred demand for higher-yielding assets. The so-called Aussie erased losses as advertisements for job vacancies jumped in Australia by the most since May 2007. The kiwi gained after house prices in New Zealand rose for a second ...

04 Dec 2009 02:26

Australian, N.Z. Dollars Strengthen Ahead of U.S. Jobs Report : The Australian and New Zealand dollars advanced before a government report tomorrow forecast to show U.S. job losses eased to the slowest pace in more than a year, boosting demand for ...

03 Dec 2009 02:12

Caltex Australia’s Purchase of Exxon Outlets Blocked : Caltex Australia Ltd., the nation’s biggest oil refiner, had a planned A$300 million ($277 million) purchase of Exxon Mobil Corp. filling stations blocked by the regulator because of concern the ...

03 Dec 2009 02:07

Australian, N.Z. Dollars Rise a 3rd Day Before U.S. Jobs Report : The Australia and New Zealand dollars rose for a third day as demand for riskier assets revived before an industry report that economists said will show U.S. employers cut the fewest jobs ...

02 Dec 2009 02:15

Australia May Raise Key Rate for Record Third Month : Australia’s central bank will raise its benchmark interest rate by a quarter percentage point today for a record third straight month as evidence mounts that the nation’s economy is strengthening, economists say. ...

02 Dec 2009 02:14

Australian Dollar Rises After RBA Raises Rates for Third Month : Australia’s dollar climbed after the central bank raised the benchmark rate for a record third month. New Zealand’s gained as investors bought riskier assets on optimism Dubai World’s creditors can absorb losses on its debt. ...

Australia govt stumps up extra $8 bln for RMBS : The Australian government gave a formal green light on Monday to a proposal to invest up to A$8 billion in additional public funds to support the country's residential mortgage-backed bond market. ...
01 Dec 2009 02:27

01 Dec 2009 02:25

Australia TD Inflation Gauge Accelerates to Annual Pace of 2.1% : A gauge of Australia’s annual inflation jumped in November to the fastest pace in seven months, increasing pressure on the central bank to raise interest rates tomorrow. Consumer prices rose 2.1 percent from a year earlier, after gaining 1.2 percent in October, according to an index compiled by TD Securities Ltd. and the Melbourne Institute released in ...

27 Nov 2009 02:08

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 ...

27 Nov 2009 02:08

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 ...

26 Nov 2009 02:28

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. ...
26 Nov 2009 02:26

25 Nov 2009 02:25

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. ...

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 ...
24 Nov 2009 02:52

24 Nov 2009 02:51

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. ...

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 ...
21 Nov 2009 02:13

21 Nov 2009 02:12

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 ...

20 Nov 2009 02:12

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. ...

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30 Dec 2009

Australian Dollar Set for Monthly Decline on Outlook for Rates

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