The
Australian dollar fell 13 per cent since the middle of April.
The natural riposte from those who are long of
Australian dollars is that the Australian economy is in better health than that of either the euro zone or the United States.
Every one-cent rise in the
Australian dollar crimps cattle ranchers' revenue by 0.
A spokesperson for Virgin Blue stated that most of the carrier's expenses were in US dollars, which have increased as the
Australian dollar continues to fall.
With this new acquisition, SMC's packaging group expects the contribution of its Australian and New Zealand businesses reach close to 300 million
Australian dollars (P11.
Overseas merchants who display prices to Australian consumers in
Australian dollars will usually give consumers the choice to pay in the applicable foreign currency or in the
Australian dollar equivalent, as converted by the merchant at their own exchange rate (using a process known as 'dynamic currency conversion').
Blackmore's market capitalization has grown from 550 million
Australian dollars (377.
Besides pressure from the greenback, the
Australian dollar was also under pressure from other currencies, trading at 97.
13 September 2012 -- Texas, USA-based money transfer provider MoneyGram, (NYSE: MGI) said that customers in China can now cash out money transfers from Australia in
Australian dollars at any Bank of China, CITIC Bank or Industrial and Commercial Bank of China branch location.
The issue responds to strong demand from a broad range of investors in Australia, Asia, and Europe, and reflects IFC's continued commitment to the
Australian dollar market," said John Borthwick, IFC deputy treasurer and head of the funding programme.
Earlier the
Australian dollar fell on softer than expected consumer price index (CPI) data, dragging the NZ dollar with it but the NZ dollar rose against the
Australian dollar.
