Aussie Dollar Drops

12 December 2007

The Australian Dollar (AUD) dropped more than one cent overnight after the US Federal Reserve cut official interest rates in an attempt to keep their pending recesssion in check.

The Australian Dollar closed at USD$0.8867/70 yesterday but was trading at USD$0.8776/80 at 7am this morning.



Back to News Index | Back to Home

Aussie MasterCard Credit Card

You don't need to be an Aussie customer

Citibank Clear Credit Card

Ongoing low interest rates

NAB Low Rate Visa Credit Card

Live life at a great rate

Calculate what is best for your financial situation with the Banks.com.au Online Calculators.

Top 5 Calculators

Banks.com.au is an independent reviewer of the Australian financial sector. Banks.com.au is not an Australian registered bank, building society or credit union.
Banks.com.au is a privately owned information portal and is in no way a part of or associated with any financial institution.