HIFX plc
16-08-2007, 01:43 PM
Aussie & Kiwi Dollar update !!
Overnight we have seen massive moves in the commodity currencies on the back of volatility in the US Dollar and global equity markets
In less than 2 weeks the GBP/AUD rate has gone from a low of around
2.31 to its current level 2.51 (Interbank).
Similar gains have occurred against the NZ$ with the latest rate of
2.90, approx 15% higher than its low point of 2.55 earlier this year.
Should you have any further questions, please feel free to contact a member of the migration team on 01753 859 159 or email migration@hifx.co.uk (migration@hifx.co.uk)
Overnight we have seen massive moves in the commodity currencies on the back of volatility in the US Dollar and global equity markets
In less than 2 weeks the GBP/AUD rate has gone from a low of around
2.31 to its current level 2.51 (Interbank).
Similar gains have occurred against the NZ$ with the latest rate of
2.90, approx 15% higher than its low point of 2.55 earlier this year.
Should you have any further questions, please feel free to contact a member of the migration team on 01753 859 159 or email migration@hifx.co.uk (migration@hifx.co.uk)