Australian Dollar Extends Gain as Rates Cut to Lowest Since 1964 (Bloomberg)
February 3, 2009 by admin · Leave a Comment
Feb. 3 (Bloomberg) — The Australian dollar strengthened after the central bank cut rates to the lowest since 1964 to help the economy avoid recession. The 1 percentage point reduction to 3.25 percent matched the median forecast from 20 economists surveyed by Bloomberg News.
