The Australian dollar
fell 13 per cent since the middle of April.
Of course, it s a double edged sword, with farmers also relying heavily on many imported inputs like machinery and diesel the costs of which will go up with a weaker Australian dollar
, Mr Linnegar said.
Based on the survey outcomes, the Australian dollar
and the Canadian dollar were considered for separate identification in COFER data.
The decline in the Australian dollar
is expected to help increase profits at the four biggest banks in the country, according to The Australian Financial Review.
Japan's situation is negative for the Australian dollar
because Japan is the second biggest importer of Australian goods.
Various senior business leaders have stated that they are increasingly factoring in an Australian dollar
at approx its current highs for years to come.
Global Banking News-April 2, 2013--Steady interest rates result in Australian dollar
advance(C)2013 ENPublishing - http://www.
Dan Dorrow of Faros Trading continues to expect the Australian dollar
to perform well on the strength <span style="mso-spacerun: yes;"> </span>of Asian economies.
Melbourne, Dec 29 (ANI): The Australian dollar
has continued to rise over the hristmas break, maintaining parity-plus levels with its US counterpart and trading at a record against the European common currency.
SOCOG is asking for a full exemption from the GST and claims a 200 million Australian dollar
blowout if GST is applied.
On January 22, Tuesday, the Australian dollar
was lower, as the market anticipated news from a meeting of Japan's central bank.
Global Banking News-November 28, 2012--Citi says high Australian dollar
could affect terms of trade(C)2012 ENPublishing - http://www.