News Archive
2008
- December [1]
- November [1]
- October [1]
- September [2]
- July [1]
- June [1]
- April [1]
- March [1]
- February [1]
- January [1]
2007
- December [1]
- November [1]
- October [3]
- September [7]
- July [6]
- June [5]
- May [1]
- April [2]
- March [5]
- February [1]
2006
- December [1]
- November [3]
- October [1]
- August [1]
- July [1]
- June [3]
- May [2]
- April [3]
- March [3]
- January [5]
2005
- December [1]
- October [3]
- September [2]
- August [1]
- July [2]
- June [3]
- May [6]
- April [3]
- March [3]
- February [1]
- January [3]
2004
Currency Trade News
Nab Scandal Forces Currency Reviews
Monday January 19, 2004
National Australia Bank's $180 million trading fiasco has rippled out to the wider Australian business community, with the bank's non-executive directors asking for reports on the currency exposures of other companies on which they serve as directors.Apra To Probe Trade Checks Across Sector
Friday January 16, 2004
The prudential watchdog will investigate the series of unauthorised currency trades that could cost National Australia Bank $180 million, as it seeks to establish how the transactions escaped the bank's internal control mechanisms.Six-year High For $a As Greenback Slides
Sunday January 11, 2004
The Australian dollar hit a new six-year high against the US dollar of US77.82 in New York yesterday morning as the greenback continued its slide on world currency markets.Record Deficit Fails To Hold Dollar's Charge
Saturday January 10, 2004
A record annual trade deficit has not checked the Australian dollar's march towards the US80 cent mark.Flood Of Foreign Money Into China Is Leaving Currency Peg High And Dry
Tuesday January 6, 2004
There's a groundswell of feeling that authorities may move sooner than expected to establish a more flexible link. Hamish McDonald reports from Beijing.Cashed-up China May Provide Problems For Central Banks
Saturday January 3, 2004
China enters the new year with the main reason for maintaining its currency peg to the United States dollar, the precarious balance sheets of its four main banks, suddenly looking a very poor excuse indeed.