June 6, 2023 – Written by John Cameron
Leave a comment STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike
Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps amid Surprise RBA Rate Hike
The Pound Australian Dollar (GBP/AUD) exchange rate cratered on Tuesday, following a surprise interest rate hike from the Reserve Bank of Australia (RBA).
At the time of writing, GBP/AUD traded at around AU$1.8639, a fall of just under 0.9% from Tuesday’s opening rates.
Australian Dollar (AUD) Rallies following Shock RBA Rate Hike
The Australian Dollar (AUD) soared against most major peers on Tuesday, following a surprise interest rate hike from…
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