Thursday, October 08, 2009

Volatility of Australian Dollar

The AUD hit a high of SGD1.30 in July 08. It dropped sharply to below SGD0.95 in October. It climbed steadily during the past 12 months and has now reached SGD1.25. Some experts predict that it is likely to pass SGD1.30 due to the recent increase in interest rate.
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4 comments:

  1. greenteaOctober 08, 2009 7:57 PM

    that will depends on direction of yen..

    ReplyDelete
  2. ParkaOctober 08, 2009 9:54 PM

    Only interested in US dollar which has gone down to SGD1.39.

    It will go down further probably to match the SGD1.35 last seen. And maybe even further

    ReplyDelete
  3. STGOctober 09, 2009 10:07 AM

    its volatility

    ReplyDelete
  4. HenryOctober 14, 2009 7:23 PM

    china is the other factor.

    ReplyDelete