CurrencyIndex.co.uk

Foreign Currency Exchange Specialists

Tuesday, 2 February 2010

Australian interest rates held

The Reserve Bank of Australia has suprirsed markets by keeping interest rates on hold at 3.75%.

Most analysts had expected an increase to 4% - and the price of the AUD has fallen, making sending payments to Australia unexpectedly cheaper.

If you or someone you know is moving to Australia, speak to your currency broker about taking advantage of a spike in exchange rates.

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