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The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...
The Australian dollar steadied at $0.6688 after stumbling 0.4% on Tuesday to as low as $0.6674, a level not seen since Feb. 10. Australia, NZ dollars weaken on fears of virus impact on economy ...
Most meteorological agencies in East Asia, Southeast Asia, Australia and New Zealand use the satellites for their own weather monitoring and forecasting operations. Originally also named Geostationary Meteorological Satellites ( GMS ), [ 1 ] since the launch of GMS-1 (Himawari 1) in 1977, there have been three generations, including GMS, MTSAT ...
The Southern Positioning Augmentation Network (SouthPAN) is a joint initiative of the Australian and New Zealand Governments that provides satellite-based augmentation system (SBAS) for Australia and New Zealand. On 26 September 2022, SouthPAN early Open Services became live, with safety-of-life certified SouthPAN services planned for 2028.
Philcomsat currently provides satellite communication services for the Philippine government and, in partnership with Australian satellite services supplier Speedcast International, is a major installer for and provider of President Rodrigo Duterte's "Free Wi-Fi For All” project administered jointly by the United Nations Development Programme ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
In the context of currency trading, the New Zealand dollar is sometimes informally called the "Kiwi" or "Kiwi dollar", [3] since the flightless bird, the kiwi, is depicted on its one-dollar coin. It is the tenth most traded currency in the world, representing 2.1% of global foreign exchange market daily turnover in 2019. [4]