Australian Dollar slips on RBA decision

Note: This section contains information in English only.
Source: Bloomberg
The Australian Dollar, also called Aussie, depreciated to $1.0241 level on Sydney trading hours on Tuesday. Today, the Aussie followed yesterday's loss of 0.6%, the lowest point since October 23, 2012. Currency traders speculate on the Reserve Bank of Australia decision to cut benchmark rates, as this will sharply affect demand for the domestic assets. According to survey, economists expect the key interest rate cut by 49 basis points in next 12 months.
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Tue, 12 Feb 2013 08:43:04 GMT

Thailand's Baht slips for the biggest weekly loss

The Thailand's Bath depreciated by 0.2% to 29.89 per U.S. Dollar in early Bangkok trading session on Tuesday. That was the sharpest decline since January 31, 2013. Investors are concerned about the central bank decision to cut the key interest rate, as it would notably change demand for the domestic assets. According to analysts, the central bank will cut the rate in

Tue, 12 Feb 2013 08:18:03 GMT

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