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Big week ahead for Australian dollar

AUSTRALIAN DOLLAR REVIEW | All eyes on latest interest rates call and GDP numbers

1st Contact by 1st Contact
2013-09-02 13:43
in News

GBP AUS

IT is a very busy week for Australian markets. Key economic data releases are due every day in addition to Tuesday’s Reserve Bank meeting. The highlights for the week will be the RBA’s interest rated decision and the June quarter Gross Domestic Product figures on Wednesday.

The Australian dollar began trading last week at around 1.7289 to the British pound and around 1.1099 against the US dollar. The Aussie weakened throughout the week against both currencies to end the week at 1.7422 to the pound and 1.1237 to the greenback.

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By Dylan Goate of 1st Contact Money Transfers

Exchange rates at 13:13 GMT, 02 September 2013

GBP/AUD: 1.7303

EUR/AUD: 1.4680

USD/AUD: 1.1112

NZD/AUD: 0.8697

Note: The above exchange rates are based on “interbank” rates. If you want to transfer money to or from Australia then please register/login on our website, www.1stcontactforex.com, or call us on  0808 141 2335 for a live dealing rate. Make use of our Rate Notifier to send you alert when the Australian Dollar exchange rate reaches levels you are looking for.

Tags: 1st ContactAustralian DollarBritish PoundChinacurrency exchangeexchange ratesforeign exchangeforexGBP vs AUDgoldinterest ratesJapanMoneymoney transferReserve Bank of AustraliaSpainThe Currency ZoneUS Dollar

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