IELTS Preparation Series 1, Episode 22: Finance
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Hello. I'm Margot Politis. Welcome to another episode of Study English, IELTS preparation.
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Today we're going to listen to a finance report. It's filled with numbers and amounts, expressed
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in a variety of ways.
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It's important to be able to understand and describe numerical data using decimals, fractions
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and currencies.
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Listen to the day's finance report.
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The Australian dollar, today Tuesday the 11th of November, continues to rise against the
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US dollar, buying just over 70 cents, a 15 year high.
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Against other currencies, however, the trend is a little different, falling against the
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pound, closing at 0.425, a slight drop on yesterday, and 0.61 euros. The yen is also
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strengthening at 71.95, and considerably higher against the greenback at 111.03 yen.
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The Dow Jones Index closed today at 9809.79, a fall of 47.18 on yesterday's trading.
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The Sydney Stock Market doubled its trading yesterday with BHP Billiton trading heavily.
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The latest retail figures showed that turnover grew by 3.2% in the June quarter, the fastest
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quarterly growth rate for five and a half years. At the same time, unemployment fell
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to its lowest level in twelve and a half years.
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OK, first we're going to look at decimals, and how you express them. Listen carefully
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again.
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Against other currencies, however, the trend is a little different, falling against the
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pound, closing at 0.425, a slight drop on yesterday, and 0.61 euros. The yen is also
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strengthening at 71.95, and considerably higher against the greenback at 111.03 yen.
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The Dow Jones Index closed today at 9809.79, a fall of 47.18 on yesterday's trading.
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In English, decimals are written with a point, not a comma.
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So we write 4.25, 6.1.
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When you say the numbers after the decimal point, you say them all separately, as individual
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numbers.
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