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ExpatSingapore Message Board 27 May 2012, 15:53:17 pm *
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Author Topic: Falling AUD  (Read 1035 times)
CCY
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« on: 07 September 2008, 9:58:13 am »
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Could someone please explain the cause of falling AUD and how far do you think it will continue falling?
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ExpatSingapore Message Board
« on: 07 September 2008, 9:58:13 am »
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1.17
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« Reply #1 on: 08 September 2008, 13:24:19 pm »
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In 2002 the SGD was worth more than the AUD. We may see that happen again, but who knows?

Cause? People selling AUD due to falling interest rates in Australia and the (perceived) end of the commodities boom.

There's more talk in today's SMH re another interest rate cut, so get ready to move your Aussie mortgage to SGD. It's becoming a reasonable risk now.
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still falling...
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« Reply #2 on: 09 September 2008, 10:42:41 am »
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1.15!!!
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1.14
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« Reply #3 on: 11 September 2008, 12:43:18 pm »
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still going...
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FX Fake
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« Reply #4 on: 11 September 2008, 12:46:59 pm »
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Interest rate cuts.
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