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IELTS Preparation Series 1, Episode 22: Finance


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0:14

Hello. I'm Margot Politis. Welcome to another episode of Study English, IELTS preparation.

0:20

Today we're going to listen to a finance report. It's filled with numbers and amounts, expressed

0:26

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.

0:49

Against other currencies, however, the trend is a little different, falling against the

0:53

pound, closing at 0.425, a slight drop on yesterday, and 0.61 euros. The yen is also

1:02

strengthening at 71.95, and considerably higher against the greenback at 111.03 yen.

1:11

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

1:46

again.

1:47

Against other currencies, however, the trend is a little different, falling against the

1:52

pound, closing at 0.425, a slight drop on yesterday, and 0.61 euros. The yen is also

2:00

strengthening at 71.95, and considerably higher against the greenback at 111.03 yen.

2:10

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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So we have:

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seventy one point nine five

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forty seven point one eight

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nine thousand eight hundred and nine point seven nine

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Notice that a zero is often spoken as 'oh'.

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