RatesCitibank Australian dollar (AUD) Exchange Rate Deals
Citibank Australian dollar (AUD) Exchange Rate Deals
We help you save money by comparing Citibank Australian dollar (AUD) exchange rates to the latest market rate and those offered by leading FX providers.
Citibank Australia is now NAB
In 2022, NAB (National Australia Bank) announced their acquisition of the Citi consumer banking business in Australia.
If you previously had a Citi branded deposit, home loan or investment account, your account was closed, and balance transferred to your NAB branded account on 24 February 2024.
You can manage your foreign transfers through NAB Internet Banking or the NAB app where NAB exchange rates will now apply.
US Dollar Hits Three-Year Low On Jerome Powell Dismissal Threat
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
Yuan's Volatility Surges Amid U.S. Tariff Escalation
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
