The Aussie Dollar

[Brinty]

Originally Posted by Tamarie

I"m trying to follow the economy news as best I can but perhaps I missed something...

Could someone please explain why our dollar is at .64 US cents? I thought that since the US economy is dying, our dollar would be worth MORE, not less.

Nobody that I know is able to answer this question, which is why I risk looking silly by posting it here!

Thanks (I think...)

Thank you for posting that querie Tamarie, let's look silly together. You beat me by about 10 seconds and I'd like to know the reason too. I'd been on the verge of buying stuff on the internet while the Aussie dollar was worth 90-odd cents US. Shan't be doing that now.