Three-week high for $A on new pact

Original article by Jens Meyer
The Australian Financial Review – Page: 31 : 30-Sep-16

The Australian dollar rose above $US0.77 in early trading on 29 September 2016, reaching a three-week high. The local currency benefited from OPEC’s decision to limit oil production by between 0.7 per cent and 2.2 per cent to a range of 32.5-33.0 million barrels per day. Other commodities have already been rising lately.

CORPORATES
ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, OANDA AUSTRALIA PTY LTD, RESERVE BANK OF AUSTRALIA, RESERVE BANK OF NEW ZEALAND

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