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



NewsWhore
10-07-2008, 12:00 AM
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Australia Cuts Key Rate by 1 Percentage Point, Most Since 1992 (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DalFAfyO1cljY%26refer%3Dhome&cid=0&ei=DuDqSPb6Iaqi9gTb4f3-CA&usg=AFQjCNGChmgVYDLnp4PZWKkqgG6M9dsbnA)
Bloomberg - 15 minutes ago
The currency has tumbled 27 percent since hitting a 25- year high of 98.49 cents on July 16. The Reserve Bank cut the benchmark interest rate by a quarter ...


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