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Essay

The Australian Exchange Rate

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Dominic C

 

Date added:

October 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3180

 

Was viewed:

1884 times

 

Rating of current essay:

 
Essay content:

This meant that the AUD rose or fell in line with the pound. In 1971, the AUD became pegged to the US dollar instead. These currencies were fixed currencies, which meant that the Australian currency would only change value when a major world currency also changed. This system lasted only until 1974 when the AUD became pegged to a trade-weighted selection of other currencies...
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This meant that the AUD rose or fell in line with the pound. In 1971, the AUD became pegged to the US dollar instead. These currencies were fixed currencies, which meant that the Australian currency would only change value when a major world currency also changed. This system lasted only until 1974 when the AUD became pegged to a trade-weighted selection of other currencies...
displayed 300 characters

General issues of this essay:
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