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View Full Version : Australia Cuts Rate by Most Since 1992; Stocks Rise (Update1) - Bloomberg



NewsWhore
10-07-2008, 04:11 AM
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Australia Cuts Rate by Most Since 1992; Stocks Rise (Update1) (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3DaxVbs.N9UeKc%26refer%3Dhome&cid=1254997558&ei=7gzrSIn3NIu8yATD2Z2RCQ&usg=AFQjCNHoOXPToMT3vv5pDub2MMYiA5YKAA)
Bloomberg - 30 minutes ago
The currency has tumbled 26 percent since hitting a 25-year high of 98.49 cents on July 16. The Reserve Bank reduced Australia&#39;s benchmark interest rate by ...


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