Australian dollar heads for parity with Singapore dollar
Published Wed, Jul 8, 2015 · 10:31 AM
SINGAPORE - The Australian dollar is heading to be on a par with the Singapore dollar, as weak commodity prices and the rising greenback take their toll on the currency.
One Australian dollar was worth about S$1.0019 at 4.30 pm on Wednesday - the weakest it has been since the global financial crisis in 2009.
For more read here
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Nomura Q4 net profit jumps almost eight-fold on retail income surge
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Zhang Ruijin slapped with 5 more charges days before guilty plea for earlier charges
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
Weak yen pressures Bank of Japan’s interest rate decision