The Reserve Bank of Australia raises its most important interest rate with 0.25%, now Australia is the first G-20 country that raises the rate again after the massive worldwide rate cut. Today, the Australian dollar rose opposite the US dollar to its highest level since August 2008. Because of the economic improvement, the Australian central bank will gradually slack the facilitation of the monetary policy. For many analysts, this raise is a surprise because there was already a lot of speculation about a stricter monetary policy.
source of information: De Tijd
Niels Odent
1 opmerking:
The Reserve Bank of Australia raises has raised its most important interest rate with 0.25%, therefore now drop the 'now' Australia is the first G-20 country that raises has raised the rate again after the massive worldwide rate cut. Today, the Australian dollar rose opposite the US dollar to its highest level since August 2008. Because of the economic improvement, the Australian central bank will gradually slack the facilitation of the monetary policy. For many analysts, this raise is a surprise because there was already a lot of speculation about a stricter monetary policy.
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