The Australian Financial Review --- Page: 26 : 6 December 2007 Original article by Katja Buhrer
LexisNexis Summary
The Australian dollar was buying $US0.8699 early in the European trading session on 5 December 2007, compared with $US0.8755 previously. The currency was sold down amid indications from the Reserve Bank of Australia that official interest rates may remain on hold early in 2008. Financial markets had widely anticipated the central bank's decision to leave rates unchanged in November. Meanwhile, the Reserve Bank again intervened in the banking system, increasing liquidity by some $A750m.
