WELCOME to Money, TD’s Tue
feature on what the Australian
dollar is doing:
The Australian dollar was
lower overnight, as the United
States’ Federal Reserve
System admitted it must move
“expeditiously” to control
spiralling inflation.
Reserve Chair Jerome Powell
reset market expectations
about future rate hikes, and
suggested a 50-basis point
increase remained a possibility.
Wholesale rates this morning.
US $0.737
UK £0.560
NZ $1.066
Euro €0.669
Japan ¥88.26
Thailand ß24.63
China ¥4.652
South Africa 10.96
Canada $0.925
Crude oil US$115.9
The post Money 22 Mar 22 appeared first on Travel Daily.
Source: traveldaily