Money 29 May 18

Money 29 May 18

TRAVELLERS heading
overseas are still in a positive
position today, with the Aussie
dollar trading higher against all
currencies, with the exception of
the Euro.
The dip is reported to be a
reflection of the current politcal
uncertainty in Italy, as Europe’s
third-largest economy appears
headed towards a possible
election.
The higher Australian dollar
in other markets has reportedly
been supported by a tweet from
US President Donald Trump
suggesting a summit between
himself & Kim Jong-un on 12 Jun.
Wholesale rates this morning.
$1AUD = US0.754
US $0.754
UK £0.567
NZ $1.087
Euro €0.649
Japan ¥82.42
Thailand ß24.17
China ¥4.828
South Africa R9.398
Canada $0.980
Crude oil US$67.88

Source: traveldaily