Australian (ASX) Stock Market Forum

Reply to thread

Hi.

The interest rate remains the same.

In 12 minutes the AU$ moved from 107.06 to 107.92.

I am wondering if a "rates merven" can explain why the government is allowing the high Australian dollar wound our export side of the economy.?

I realize the high australian dollar means a safe haven for investment in this country.

(or think I do)

What is the benefit of the high dollar to politics?


Its just that I always thought it would be more beneficial down around 98-99 cents.

joea


Top