I suppose higher interest rates will push up the A$ some more
not sure of the logic
I know demand from china plays a role in it all
higher interest rates might encourage people to invest in aussi banks I suppose
but not sure
perhaps to deposit money in an aussi bank you would have to change the currency from whatever it was before
eg us$ go to A$ and are then put into a bank
strong aussie $ hurts bbg profits, page-20
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