Santa rally lifts ASX to 2016 high
The sharemarket extended its year-end rally to hit a fresh 2016 high, as investors continued to buy up equities and rotate away from bonds.
Foreign Exchange
Wholesale Interbank Rates
As at (delayed by 30 minutes)| Currencies | $1 AUD Buys | $1 AUD Sells | Movement by Price | Movement by % | |
|---|---|---|---|---|---|
| USD | United States Dollar | 0.7246 | 0.7245 | -0.0014fall | -0.19% fall |
| JPY | Japanese Yen | 85.1500 | 85.1200 | -0.4200fall | -0.49% fall |
| EUR | Euro | 0.6965 | 0.6963 | -0.0022fall | -0.32% fall |
| GBP | British Pound | 0.5876 | 0.5872 | 0.0001rise | 0.02% rise |
| CAD | Canadian Dollar | 0.9694 | 0.9692 | -0.0010fall | -0.10% fall |
| CNY | China Yuan Renminbi | 5.0366 | 5.0346 | -0.0082fall | -0.16% fall |
| HKD | Hong Kong Dollar | 5.6241 | 5.6230 | -0.0140fall | -0.25% fall |
| INR | Indian Rupee | 49.1800 | 49.1660 | -0.1270fall | -0.26% fall |
| IDR | Indonesian Rupiah | 9760.3600 | 9757.5700 | 12.3600rise | 0.13% rise |
| MYR | Malaysian Ringgit | 3.2477 | 3.2436 | -0.0070fall | -0.22% fall |
| NZD | New Zealand Dollar | 1.0485 | 1.0473 | -0.0015fall | -0.14% fall |
| SGD | Singapore Dollar | 1.0465 | 1.0456 | -0.0039fall | -0.37% fall |
| ZAR | South African Rand | 10.1382 | 10.1332 | -0.0148fall | -0.15% fall |
| CHF | Swiss Franc | 0.7445 | 0.7440 | -0.0024fall | -0.32% fall |
| THB | Thailand Baht | 26.1000 | 26.0700 | -0.0600fall | -0.23% fall |
Major Currency Cross Rates
As at (updated every 30 minutes)| Currency | AUD | USD | EUR | GBP | JPY | NZD |
|---|---|---|---|---|---|---|
| $1 AUD | 1.0000 | 0.7242 | 0.6959 | 0.5871 | 85.1000 | 1.0470 |
| $1 USD | 1.3799 | 1.0000 | 0.9609 | 0.8107 | 117.4900 | 1.4459 |
| €1 EUR | 1.4351 | 1.0403 | 1.0000 | 0.8434 | 122.2300 | 1.5038 |
| £1 GBP | 1.7015 | 1.2331 | 1.1849 | 1.0000 | 144.8600 | 1.7825 |
| ¥1 JPY | 0.0117 | 0.0085 | 0.0082 | 0.0069 | 1.0000 | 0.0123 |
| $1 NZD | 0.9535 | 0.6912 | 0.6642 | 0.5605 | 81.2100 | 1.0000 |
Stock Watch
Samarco restart moves a step closer as Vale allows use of its pit
Brazilian iron ore miner Vale said on Tuesday it signed a non-binding agreement with BHP Billiton to allow the use of its Timbopeba pit to deposit tailings from iron miner Samarco when that company restarts operations.
Markets take RBA minutes as an amber for rate hikes
Markets have increased bets the Australian economy can handle higher interest rates in 2017, but many economists are less sure.