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View Full Version : Australia Dollar to Slump 15% on Rates, Standard Chartered Says - Bloomberg



NewsWhore
01-30-2009, 02:10 AM
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Australia Dollar to Slump 15% on Rates, Standard Chartered Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaZLepuatynEA%26refer%3Daustralia&cid=1297773864&ei=1qeCSbOEFceqmQfHxqD8Ag&usg=AFQjCNEU6r2KUYOlhLBcMQhwRaXZocBWmg)
Bloomberg - 32 minutes ago
The currency, which touched a 25-year high of 98.49 US cents in July and has since plunged 34 percent, will extend that drop as the central bank cuts rates ...


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