Australian Dollar is close to five-month high on governor comments

Source: Bloomberg
The Australian Dollar, also known as the Aussie, was traded at $1.0386 in the end of Sydney trading session on Tuesday. The Aussie was 0.3% lower than a five-month high, as central bank governor supported a higher exchange and saving levels, saying that would help to stabilize the domestic economy and contain a current inflation rate. Therefore, it might be expected to see the interest rate unchanged in April and a positive signal for buying the currency, as analysts say.
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Tue, 19 Mar 2013 13:23:06 GMT

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Thu, 21 Mar 2013 06:54:10 GMT

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