Guest JAMIEKERRIE Posted December 4, 2006 Share Posted December 4, 2006 We were wondering if anybody knows/has an opinion as to why the $AUD is so weak compared to the £ at the moment, compared to what it used to be like? (Could it be a sign the Australian economy is struggling a bit etc) The reason I ask you this, as the exchange rate seems too good to be true right now! Link to comment Share on other sites More sharing options...
Guest Dave53 Posted December 6, 2006 Share Posted December 6, 2006 The Australian Government has just announced the lowest economic growth rate for some years and the economy is headed for recession due to the severe drought . Not really good news is it !! . :cry: Link to comment Share on other sites More sharing options...
Guest Fraser Posted December 11, 2006 Share Posted December 11, 2006 We were wondering if anybody knows/has an opinion as to why the $AUD is so weak compared to the £ at the moment, compared to what it used to be like? Almost certainly because I have booked a holiday back to the UK in January...!!! :cry: Link to comment Share on other sites More sharing options...
Guest fatpom Posted December 31, 2006 Share Posted December 31, 2006 The AUD has been pretty stable for some time now (several years) hovering around 40p. Around 2000-2001 it dropped to around 33p for a while & that did hurt if you we're travelling to the UK. Link to comment Share on other sites More sharing options...
Guest Fraser Posted December 31, 2006 Share Posted December 31, 2006 The AUD has been pretty stable for some time now (several years) hovering around 40p. Around 2000-2001 it dropped to around 33p for a while & that did hurt if you we're travelling to the UK. ...it Did! I was tere on holiday then too... Link to comment Share on other sites More sharing options...
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