THE RESERVE BANK HAS SIGNALLED ITS FRUSTRATION ABOUT THE STUBOURNLY HIGH AUSTRALIAN DOLLAR .

IN THE MINUTES FROM ITS FEBRUARY MEETING .... THE RBA BOARD SAID THE BANK'S LAST SIX RATE CUTS HAVE FAILED TO PUT A DENT IN THE DOLLAR.

INTEREST RATES WERE HELD STEADY AT THREE PER CENT IN THE MONTH

THE MINUTES SAY THE EXCHANGE RATE HAS REMAINED HIGH DESPITE EARNING FROM COMMODITY EXPORTS FALLING SUBSTANTIALY

THE BOARD THAT'S BECAUSE SAYS PREVIOUS RATE CUTS ARE STILL WORKING THEIR WAY THROUGH THE ECONOMY.

BUT IT SAW SCOPE TO CUT INTEREST RATES FURTHER IF NEEDED

THE AUSTRALIAN SHAREMARKET IS Ticking up even as A FALL IN METALS PRICES WEIGH DOWN THE MINERS

THE ALL ORDS IS UP ONE POINT

SPOT GOLD'S TRADING FLAT XXXXXXXXXXXXXXXXX.

WEST TEXAS CRUDE OIL IS CLOSED FOR THE U-S PUBLIC HOLIDAY.

SINGAPORE TAPIS PRICE IS

WORRIES ABOUT AN INTERNATIONAL CURRENCY WAR HAVE CAUSED THE YEN AND THE EURO TO TUMBLED.....

THE AUSTRALIAN DOLLAR is edging up AGAINST THE GREENBACK.

to profit news COCA COLA AMATIL HAS RECORDED A FALL IN FULL YEAR income.

NET PROFIT FOR THE PERIOD SANK 22 PERCENT... TO 460 MILLION DOLLARS.

THE RESULT WAS WEIGHED DOWN BY ITS CANNED FOOD BUSINESS SPC ARDMONA WHICH HAS BEEN HIT BY THE HIGH AUSTRALIAN DOLLAR

MARKETS IN INDONESIA AND AND PAPUA NEW GUINEA WERE THE STANDOUT PERFORMERS.

SHAREHOLDERS WILL GET AN FINAL DIVIDEND OF 32 CENTS.

HE MINING AND STEEL COMPANY ARRIUM HAS RECORDED A NEAR HALF-BILLION DOLLAR LOSS

THE COMPANY PREVIOUSLY KNOWN AS ONE STEEL lost 447 MILLION DOLLARS IN THE FIRST HALF OF THE FINANCIAL YEAR.

ARRIUM BLAMES RESTRUCTURING COSTS AND ASSET WRITEDOWNS

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