Australia’s RBA Forex Sales A$300 Million in July

New York London GMT Tokyo Singapore

1:45 GMT

Aug 2008

Australia’s RBA Forex Sales A$300 Million in July

(RTTNews) - The Reserve Bank of Australia sold A$300 million in the foreign exchange market in July, the central bank said on Thursday.

That was down from the A$875 million sold in the previous month in foreign exchange activity.

The RBA also purchased A$359 million from the government in July, the data showed.

For comments and feedback: contact editorial@rttnews.com

Posted in Categories: Australia, Economy, Releases.

If you like this article please...

Subscribe by RSS Subscribe by Email

Email This Post To A Friend

Recent Market Opinions:

Recent News:

MBA: Re-Fi Activity Plunges Despite Low Rates - 2 mins ago
Poland Central Bank Holds Key Policy Rate As Expected - 9 mins ago
World Bank Approves $1.5 Bln Loan For Mexico - 11 mins ago
Bay Street Stocks May Follow U.S. Markets Higher - Canadian Commentary - 15 mins ago
ECB’s Trichet: Avoided Deflation, Banks Must Focus On Balance Sheets - 28 mins ago

Opinions From Our Contributors

Commodities Gold’s Looking A Bit Stretched Does The Gold ETF Rally Have Legs? The New Crude Oil Benchmark That Could Change The Oil Market’s Price Dynamics Why Gold Prices Could Fall From Here… And Two Ways To Play The Move Gold Rush Creating Issues For Gold Buyers Will Copper Continue To Shine In ‘09? When Do We Sell Gold? Silver ETFs: More Gains To Come? Oil Seems Like It’s Going Nowhere… But The Story Is Very Different Below The Surface Distorted IEA Oil Reserve Figures Create Biofuel Opportunities In “White Gold” Region Of Central Asia Read More »	Financials As Bank Failures Increase In The US, FDIC Has Only Two Options Left US Government Admits AIG Folly AIG And Its Counterparties Washington Examiner: “A Fox Is Guarding The Henhouse At The SEC” US Home Prices Continue To Rise Bank Of America Call Options In Hot Demand Stock Market News: HP, Analog Devices, Heinz, Medtronic Report Strong Results, Citigroup Selling Diners Club To Bank Of Montreal Stock Market Briefs: Twitter May Consider IPO, Tyson Foods Beats Estimates Don’t Count Out Actively Managed ETFs U.S. Bank Failures Reach 124 Read More »	Exchange Traded Funds 3 Reasons Why ETNs Are Shrinking Positioning For Year-End Murdoch’s Gamble: Will It Benefit Media ETFs? Why Agriculture ETF Outlook Appears Promising Is Low Interest Creating A Sovereign Debt Bubble? Protect Yourself Against An Imminent Stock Market Correction Japan ETFs: The New War They’re Waging India ETFs: Too Much, Too Soon? Physical Gold, Silver And Oil Out-Performing Their Stocks? ETF Update: Health Stocks And Health Care Legislation Read More »
Stocks The US Bond Market Could Be Sniffing Out The Dying Rally In Stocks Improved Global Outlook Spurs India Stock Market Stock News Briefs: GM May Keep Saab After Deal Falls Apart; US 3Q GDP Revised Down; Qualcomm Antitrust Inquiry Dropped Indian Stock Markets: Sensex Up 67.87 Points On Wednesday Stock Picks For Wednesday: Cell Therapeutics, Tellabs And American Oriental Bioengineering Stock Market Outlook Remains Positive Singapore Stock Market Updates US Bonds Are Blasting A Warning Another Options Strategy For Income Investors Option Traders Barter For Calls On EBAY Read More »	Forex British Pound: The Downside Prevails Euro: Under Pressure Wednesday’s Forex Outlook EUR/USD Breaks Above 1.5000 Today Risk Aversion Takes A Back Seat In Forex Markets Australian Dollar: Caution Swiss Franc: The Downside Prevails Canadian Dollar: Caution Japanese Yen: Under Pressure British Pound: The Downside Prevails Read More »	Economy Interesting Articles To Read Why Pimco’s Fleeing From Mortgage Debt Into Government Debt US Housing Has Never Been More Affordable Federal Reserve Statement: No News Is Good News? Summary Of Holiday Spending Surveys & Reports Consumer Confidence Increasing The Great Louisiana Healthcare Rip-Off Consumer Attitudes: The Future Of Saving And Spending Will Emerging-Market Outperformance Last? Economic Highlights: GDP Up 2.8%, Corporate Profits Increase By $130 Billion Read More »