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Q: How does interest rates effect the Australian dollar?
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What are the present Australian interest rates?

The present Australian interest rates from major lenders vary between 4.5% and 6%. For example, the Interest Rate for Commonwealth Bank is 4.61%, while the interest rate for Suncorp Metway is 5.79%.


Does an increase in interest rates in the rest of the world lead to a stronger dollar?

could an increase in interest rates in the rest of the world will lead to a stronger U.S. dollar.


If interest rates rise what will happen to the value of the dollar?

When US interest rates rise the dollar appreciates or rises in value. Because our interest rates are increasing, other countries are buying our capital which causes the demand from US dollars to increase and increases the exchange rate, meaning it takes more of another currency to buy an American dollar.


How interest rate affect the value of us dollar?

its actually the other way around. the value of the us dollar effects interest rates. the lower the us dollar is worth, the lower the interest rate


What is the relationship of interest rates and the dollar in a global economy?

Interest rates includes the dollar, as it is a form of currency in English countries, including Australia. Interest are extra money that you have to pay when you're returning money (which you've borrowed) to the bank. Interests can rise or decrease, therefore having a rate. So, depending on which country you're in, you might have to pay your debt and interest in dollars. This is the relationship between interest rates and the dollar in a global economy.


What is the currency of Australia's?

Australia's currency is the Australian Dollar (AUD). There are 100 cents in the Australian Dollar. Australia adopted this currency on the 14th of February, 1966. Its value is heavily influenced by commodity prices with traditionally high interest rates a factor. The symbol for the Australian Dollar is $ (sometimes written as "A$" when used internationally). From 1910 to 1966, Australia used a monetary system system identical to the old British system of Pounds, Shillings and Pence. 12 Pence to a Shilling, 20 Shillings to a Pound.


What is the effect of interset rate on the architects and the building process?

Interest rates for loans regarding the entire construction business effect the cost of construction. Generally speaking, interest rates do not impact the salaries of architects.


What effect do low interest rates have on business investment?

The effect that low interest rates have on business investments is a low return. The low return will affect the profits of a business. It will also slow down business investments.


Where can one find information about interest rates in Australia?

Trading Economics has information about interest rates in Australia and other countries. It also includes a chart indicating the interest rate. Info Choice also seems to contain some information, though it's a bit difficult to load the website. The Australian also has an article about interest rates.


How much is American money worth in Australia?

The Australian dollar has been trading above parity for many months, and is expected to remain higher than the $US for some time further to come. Therefore, as of 11 April 2012, one US dollar = $ 0.9749 in $A.


What effect will a drop in price most likely have?

An effect that droppped prices are the inflation rate will drop,and interest rates too.


How does the Fed influence interest rates?

The Federal Reserve controls the interest rate at which federal banks lend money. This, in turn, has a cascading effect, in which other banks interest rates are determined based on the rate set by the Fed.