Tag Archives: Interesting Rate

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AUD – Cash Rate May 03, 2011; 11:30 AM (GMT +7)

Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future.


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EUR – Minimum Bid Rate April 07, 2011; 6:45 PM(GMT+7)

The 6 members of the ECB Executive Board and the 16 governors of the Euro area central banks vote on where to set the rate. The split of votes is not publicly revealed. Interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system…


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GBP – Official Bank Rate April 07, 2011; 6:00 PM(GMT+7)

Interest rate at which banks lend balances held at the BOE to other banks…


Australian Dollar Nears Parity With US Dollar Late After RBA Hikes Cash Rate Leave a comment Read more »

Australian Dollar Nears Parity With US Dollar Late After RBA Hikes Cash Rate

The Australian dollar surged in Asian trading Tuesday after the Reserve Bank of Australia…


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