Aust dollar closes firmer as shares rally
16 Jan 2009 5:47 PM
The Australian dollar closed stronger as the passage of a 825 billion US dollar economic stimulus package rescued the waning fortunes of high-yielding currencies.
At 5pm (AEDT) the Australian dollar was trading at 67.43 US cents up 2.2 per cent from yesterday's close of 66.00 US cents.
CURRENCY TABLE: Currency snapshot at 1700 AEDT
CURRENCY SPOT PREVIOUS CLOSE
AUD/USD 0.6741-44 0.6597-02
AUD/JPY 60.94-98 58.64-69
AUD/EUR 0.5092-00 0.5004-13
AUD/NZD 1.2310-29 1.2288-09
AUD/GBP 0.4538-45 0.4516-22
EUR/USD 1.3231-35 1.3173-78
USD/JPY 90.41-43 88.90-93
EUR/JPY 119.64-67 117.13-17
(*Closes taken at 5pm (AEDT) Previous local session) At 4pm (AEDT) the Reserve Bank of Australia's trade weighted index was at 55.1, up from Thursday's close of 53.9.
