Australian shares rise sharply on RBA injection; NZ recovers
Australian shares climbed nearly 5% on
Tuesday, a day after posting their biggest fall since 1987, as
the central bank injected cash well above its original target to
avert a liquidity crunch and shore up lending.
Tuesday, a day after posting their biggest fall since 1987, as
the central bank injected cash well above its original target to
avert a liquidity crunch and shore up lending.
Posted by Reuters
