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View Full Version : Australia Cuts Key Rate by 1 Point, Most Since 1992 (Update1) - Bloomberg



NewsWhore
10-07-2008, 12:00 AM
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Australia Cuts Key Rate by 1 Point, Most Since 1992 (Update1) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DakPbDSHSwf5w%26refer%3Dhome&cid=0&ei=DuDqSPb6Iaqi9gTb4f3-CA&usg=AFQjCNHo5gRrexfiZK1U_RNIYO6v0RfWaQ)
Bloomberg - 8 minutes ago
The currency has tumbled 28 percent since hitting a 25-year high of 98.49 cents on July 16. The bank&#39;s cut today came after stocks tumbled around the world, ...


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