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Australian dollar falls after soft HSBC China PMI survey SYDNEY: The Australian dollar dropped around half a US cent on Thursday after a soft survey reading of China's manufacturing activity. Australia is sensitive to news out of China, its key export market. The Aussie fell as low as $0.9235 to be last at $0.9245, to show a 0.5 percent decline on the day. The Aussie had already been weakened by a broadly stronger US dollar earlier in the session. Copyright Reuters, 2014 ...

Dollar surges on hawkish-sounding Fed, Aussie hit by China PMI SYDNEY/TOKYO: The US dollar traded at 11-month highs against a basket of major currencies early on Thursday, having been given a second wind after minutes of the Federal Reserve's July meeting sounded slightly hawkish. The Australian dollar extended its losses after a preliminary survey of China's manufacturing sector showed growth slowing to a three-month low. The dollar index, still basking in the afterglow of Tuesday's upbeat US housing data, climbed as far as 82.358, reaching ...
NZ dollar skids to five-month low, Aussie outperforms WELLINGTON/SYDNEY: The New Zealand dollar tumbled to a five-month low on Wednesday as a key support level gave way in the face of a broadly stronger greenback, further softness in dairy prices and investor preference for the neighbouring Aussie dollar.The kiwi fell as far as $0.8373, after support at $0.8400 finally gave way and triggered a flurry of stop-loss selling. It last traded at $0.8381. Strong appetite to buy the Aussie against the kiwi saw ...
Aussie dollar bears in hibernation until Fed calls SYDNEY: It is not often the biggest bear on a currency is its own central bank, yet the Reserve Bank of Australia has been warning for months that the Aussie dollar will slide to match the falling prices of the country's key commodity exports. The RBA's concerted efforts to talk the dollar down, most recently today (Wednesday), have had little impact with the Aussie embedded in a 92-95 US cent range since climbing from its ...
Kiwi dips, jury out on US dollar rally WARSAW: The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growth and future budget surpluses, while progress for its U.S. counterpart halted near the top of a recent range.European trade in the major currencies looked set to be dominated by British inflation numbers due early in the session as well as the debate over whether the dollar can move higher after the stalling of a month-long ...
Australia & NZ dollars curbed by stiff resistance, Ukraine woes WELLINGTON/SYDNEY: The Australian and New Zealand dollars drifted sideways on Monday, with broader progress capped by chart resistance and uncertainty over Ukraine. The Australian dollar was holding at $0.9310, having kept to a tight range for the last three sessions. Trading is particularly thin due to the summer holidays in the northern hemisphere. The currency has repeatedly failed to sustain a break above $0.9320-30 resistance in recent days, leaving bulls cautious. It has slowly recovered ...
Australian & NZ dollars jump on sterling, bonds underpinned WELLINGTON/SYDNEY: The Australian and New Zealand dollars held on to hefty gains against sterling on Thursday after enjoying their biggest one-day rally in six months after the Bank of England surprised markets by signalling it was in no rush to hike rates.The British central bank caused a ruckus by slashing its forecast for wage growth and saying higher rates hinged largely on an improved outlook for pay.Sterling was at A$1.7941, having slumped more than 1 ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln