Market Update 8 reasons why the Australian dollar didn't fall after the RBA cut rates Even after a small pullback on Wednesday, the Australian dollar is still higher than where it was trading at before the Reserve Bank of Australia cut rates on Tuesday, taking its official cash rate to a record-low level of 1.50%. The strength in the Aussie has baffled some analysts,
Exchange Rates Foreign Exchange Calculator, Real Cost of Money Conversion. Do you know what the actual foreign exchange money conversion rate is? You probably know what conversion rate your bank is charging you, but did you know there is another "higher" rate known as the market rate? In fact, the market rate is the only real rate to