Aussie Moving Positive; RBA Hold Interest Rates at 4.75%
In today’s trading the Australian dollar exchange rate of increase is still continuing (1.2). Aussie again reach parity with U.S. dollar after Australia’s central bank decided to keepthe benchmark rate remain at 4.75 % level. This decision was announced at 10.30 pm.
Sterling Gaining Strength by BoE Anggotan Statement Regarding Possible Rate Increase
On this day sterling exchange rate movements appear increasingly stronger (1.2). The British currency continued gains against the U.S. dollar and reached its highest level in 10 weeks later. The movement of sterling which is jumawa impact of statements Martin Weale, one of the BoE, stated that UK interest rates must be raised to prevent the inflation that is not unstoppable.
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