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Australian dollar jumps after upbeat China PMI survey SYDNEY: The Australian dollar hit a three-week high on Thursday after a closely watched survey showed activity in China's factory sector in July expanded at its fastest pace in 18 months. The Aussie rose as high as $0.9480, from around $0.9440 just before the survey was released. It was last at $0.9470, up 0.2 percent on the day. Copyright Reuters, 2014 ...

Kiwi sinks as central bank signals rate halt, China PMI lifts Aussie TOKYO/SYDNEY: The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China's factory sector expanded at its fastest pace in 18 months.The kiwi dollar dropped nearly a full US cent, touching levels not seen since June 12.The Australian dollar, often used as a proxy for the economic performance of ...
Euro finally gives in, Aussie eyes CPI test SYDNEY: The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lower overnight along with an eye-catching fall in the Swiss franc. Traders said there was no specific trigger although the weaker euro dovetailed nicely with expectations for the European Central Bank to ease policy further. Some traders noted a big buy order in USD/CHF from a real money fund had helped push the dollar up on the ...
Australian dollar rises after inflation data WELLINGTON: The Australian dollar gained more than a quarter of a cent on Wednesday after inflation data came in stronger than expected. The headline figure was in line with expectations but underlying measures were stronger than forecast. The Aussie hit a high of $0.9434 from $0.9388 before the data. Copyright Reuters, 2014 ...
Aussie ticks higher, yen eases back LONDON: The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country's central bank chief said he was happy with current interest rate levels and made no attempt to talk down the currency.The yen was a touch lower after a couple of days of raised nerves over the situation in Ukraine and Gaza that had driven the traditional safe haven close to its highest in two months against the ...
Euro stays afloat in tentative trade amid geopolitical concerns SYDNEY: The euro regained more ground on the dollar in Asia on Monday, having rebounded from a five-month trough, but trading was anything but energetic thanks to a holiday in Japan and amid concerns that geopolitical tensions could flare up at any time. The common currency drifted up 0.2 percent to $1.3546 , extending Friday's bounce from a five-month low of $1.3491. Solid support is seen at $1.3460/80, an area that had provided a floor ...
Australia, NZ dollars keep low profile as local events eyed WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stuck in a holding pattern on Monday with a holiday in Japan and the risk of a fresh flare up in geopolitical tensions keeping investors firmly on the sidelines. The Aussie was a shade softer at $0.9391, having on Friday pushed up from $0.9336. It remained well within a $0.9320/9505 range seen in the past month. Its New Zealand counterpart marked time at $0.8702, steadying after last ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln