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View Full Version : Australia Cuts Rate by Most Since 1992; Stocks Rise (Update2) - Bloomberg



NewsWhore
10-07-2008, 04:20 AM
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Australia Cuts Rate by Most Since 1992; Stocks Rise (Update2) (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DasKWj7OOpq1M%26refer%3Daustralia&cid=0&ei=IR3rSKm0Far6yASim_z7CA&usg=AFQjCNHaG_qtU1SD5zkKTFYSPBvewZuicA)
Bloomberg - 17 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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