Posts tagged as:

central bank interest rates

What The Effects Are of A Rising Interest Rate In Terms Of Its Currency: Look At Australia

October 6, 2009 · 0 comments

in Australia, central banks, exchange rates, foreign investment, interest rates, international economy

Australia just became the first major central bank to raise its interest rate (today, October 6, 2009) since the beginning of the financial crisis of 2008-2009.  From 3.00%, it raised rates 25 basis points to 3.25%. So what?  What does this mean, you might be asking?
Below I’ll take a look at some of the effects [...]

{ 0 comments }