Moving to UK - any ideas AUD/sterling

[bionic]

Hi all,
I am moving to the UK early next year and would appreciate any views as to which way the exchange rate of aussie $ to pound sterling is heading.

Also are there any restrictions on currency movements internationally

thanks

 

[Kremmen]

I have seen reports that analysts (who are often wrong, so take with a dose of salt) believe that the Aussie dollar will drop next year because of the horrible lack of farming exports due to the drought.

There are no restrictions on taking money overseas, but, iirc, you have to declare it if you are carrying over $10k in cash or similar.

 

[bionic]

Many thanks
i was thinking the aussie dollar might stren gthen further, due to another one or two iterest rate rises driven inturn by poor import/export ratios