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13.05.26 - 03:06
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How Australia′s mining giants are helping China to globalise the yuan (SCMP)
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Australia's mining giants are aiding China's push to internationalise its currency and reduce the dominance of the US dollar, as they gradually shift towards using the yuan for financing and settlements, analysts said.
China has been using its heft as the world's dominant iron ore buyer to push global mining companies to adopt the yuan. And several firms are already making the switch, with China's relatively low interest rates becoming an added incentive.
BHP, the world's largest mining company,......
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05.05.26 - 11:12
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Australian Dollar Falls Despite RBA Rate Hike (AFX)
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CANBERA (dpa-AFX) - The Australian dollar retreated from recent highs against other major currencies in the Asian session on Tuesday, despite the Reserve Bank of Australia raised its key interest ......
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05.05.26 - 09:48
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Australian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar retreated from recent highs against other major currencies in the Asian session on Tuesday. The Australian dollar fell to a 1-week low of 1.2155 against t......
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27.04.26 - 07:12
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Australian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Monday. The Australian dollar rose to 4-day highs of 1.6346 against the euro and 114.2......
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23.04.26 - 09:48
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Australian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Thursday. The Australian dollar fell to more than a 1-month low of 1.6344 against the euro......
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20.04.26 - 09:18
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Australian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Monday. The Australian dollar fell to a 5-day low of 0.7132 against the U.S. dollar and a ......
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16.04.26 - 08:54
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Australian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Thursday. The Australian dollar rose to a 36-year high of 114.21 against the yen, from......
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15.04.26 - 09:12
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Australian Dollar Rises Amid Risk-on Mood (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher, following the broadly positive cues f......
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15.04.26 - 08:24
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Australian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday. The Australian dollar rose to more than a 1-month high of 113.54 against th......
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14.04.26 - 13:18
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Australian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the European session on Tuesday. The Australian dollar rose to nearly a 4-week high of 0.7122 against the U......
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