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FOREIGN EXCHANGE DEALER HOLDS A PHONE IN MELBOURNE, 1998-06-05 (photo)

IMAGE number
REU8091962
Image title
FOREIGN EXCHANGE DEALER HOLDS A PHONE IN MELBOURNE, 1998-06-05 (photo)
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Photographer
Will Burgess
Medium
photograph
Date
1998 AD
Shooting Date
1998-06-05
Image description

A dealer on the Foreign Exchange floor of Australia's largest bank, National Australia Bank, keeps his telephone handy during trading in central Melbourne June 5. Today Australia's battered dollar fell below 60.6 US cents, but financial markets are expected to take heart from comments by the governor of the Reserve Bank of Australia, Ian Macfarlane, who signalled that an interest rate cut was off the bank's agenda. Currency traders speculated that the Reserve Bank had spent more than $A300 million ($US180 million) supporting the dollar. WB/JIR/WS

Photo credit
REUTERS/Will Burgess / Bridgeman Images
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