Currently at just above 92 cents the Australian dollar is going well against the US dollar (as of 29/10/07). But can anyone answer is it going to keep rising?
2007-10-28 19:08:49 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Most investment types expect the dollar to keep going down against practically all currencies.
When a country borrows like the USA to fight needless wars, its financial strenghth goes down.
2007-10-28 19:12:45 · answer #1 · answered by ignoramus 7 · 0⤊ 0⤋
mate you should have bought the Aussie dollar 2 years ago when it was at mid 40's i think it is a bit late now Australian economists say it will not get to parity
2007-10-29 02:17:31 · answer #2 · answered by colin b 4 · 0⤊ 0⤋
Yes.
Dishonesty is now accepted in the USA...so watch out!
.
2007-10-29 02:11:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋