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Australian Dollar 24 year high against US dollar

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Old 20th May 2008, 10:16 PM   #1
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Default Australian Dollar 24 year high against US dollar

Australian dollar breaks through US96c | NEWS.com.au

Feels like only yesterday when the Olympics were on in Sydney and the Aussie dollars was worth 0.48cents USA.

Now it's doubled peaking at 0.96cents but funny how the imported gear like chippers etc aint half price. Seen the dealers driving some new fat assed car though.

Never a better time to buy US product ever, and a free trade agreement to boot. Support our sponsors above.

Quote:
May 20, 2008 05:55pm
Article from: AAP

THE Australian dollar broke through US96c today to hit a fresh 24-year high after hawkish minutes from the Reserve Bank of Australia indicated another interest rate rise is still on the agenda.

At 5pm (AEST), the Australian dollar was trading at $US0.9610/14, up from yesterday's close of $US0.9535/38.
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Old 22nd May 2008, 03:38 PM   #2
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Default Re: Australian Dollar 24 year high against US dollar

Won't be long and you guys will be higher than us the way things are looking.
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Old 23rd May 2008, 02:14 AM   #3
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Default Re: Australian Dollar 24 year high against US dollar

We hit record highs against the doller a year or so ago, yank arb kit still didn't come down in price..

These sales dudes must think we're bloody idiots!!
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Old 23rd May 2008, 08:37 AM   #4
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Default Re: Australian Dollar 24 year high against US dollar

You have to buy direct from the US, local dealers will never drop their prices.
The sit back rubbing hands together watching their margins grow.
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