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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Edmond Katonica who wrote (163862)5/4/2002 3:23:42 PM
From: Joan Osland Graffius  Read Replies (1) of 436258
 
Edmond, >>Risening Aussie rate should push their dollar up??

I think so. I think it sends a message to the world they are managing the risk of inflation. Also the whole world knows the US$ is overpriced and it kind of looks like they are ready to do something about that. IMO, this should help the Aussy$ because they are a resource rich country, well it certainly can not hurt. Another thing I like is they could survive without any imports and they don't start fights either. <g>

Joan
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