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First on Australia raising interest rates 10.06.2009 A second is big money for traders, and that’s what Reuters delivered when the Reserve Bank of Australia unexpectedly raised interest rates on Oct. 6 to 3.25 percent and signaled more hikes to come, making it the first G20 country to tighten since the financial crisis. The Australian dollar shot upward on the news. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

FX & Money Markets

Macroeconomics, monetary policy, FX and money markets

First on Australia raising interest rates

10.06.2009

A second is big money for traders, and that’s what Reuters delivered when the Reserve Bank of Australia unexpectedly raised interest rates on Oct. 6 to 3.25 percent and signaled more hikes to come, making it the first G20 country to tighten since the financial crisis. The Australian dollar shot upward on the news.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here