Australian dollar hits below 27 baht

[Rangsitreppin]

26.8996 baht to aud . Bad time for australia fellas i hope hockey and his cronies work this one out quick smart

[puukao]

USA, USA, USA!!!!!!

don't worry.....simply keep selling oil futures, then take profits near the lows and buy, buy buy!!!

make millions.....so some lousy exchange rate will be meaningless when in your private jet!!!!!

[CharlieH]

Wrong Forum

MOVED to banking

[jacksam]

Umm op you don't follow exchange rates. The AU reserve bank wants to see a lower AUD. More to go against the greenback which to certain extent means baht.

[KarenBravo]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

[Jdiddy]

google "RUB THB" and check out the graph

May make you feel abit better

[Rangsitreppin]

google "RUB THB" and check out the graph

May make you feel abit better

IM OFF TO RUSSIA

[samran]

You bloody beauty!!'

AUD has been too strong for too long. Down down, prices are down - as the Coles advertisement goes.

[Rangsitreppin]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

mmmm high season in phuket dosent look afordable this year for too many ozzies.

[tw25rw]

Down to £1 = $A1.92 now.. I like. Was $A1.46 last time I went home.

[konying]

it was 25 just few days ago

[Xircal]

I reckon the £ will head in that direction too if Farage manages to pull a rabbit out of the hat come 7 May next year.

[Jessi]

it was 25 just few days ago

BULLSH!T

[Jessi]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

Australia exports very little now its all made in China.

[Bluetongue]

It got hammered again overnight. Its like all the sliding of certain things going on at the moment, ruble, oil, gold, iron -

once it goes past a certain point emotions take over from brains and the tumbles continue. You have to ride these things out, but agree for a tourist not practical.

[sanuk711]

"Australia exports very little now its all made in China---Jessi"

Jessi, Please...................

---------------

"The economy of Australia is one of the largest capitalist economies in the world, with a GDP of US$1 trillion as of 2013

In 2010, Australia registered a $16.8 billion trade surplus, with goods and services exported to more than 200 countries.

http://www.dfat.gov.au/publications/trade/trade-at-a-glance-2011.html

Edited December 18, 2014 by sanuk711

[yankee99]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

Australia exports very little now its all made in China.

Consumer goods maybe but they are one of the world's biggest exporters

[Berkshire]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

mmmm high season in phuket dosent look afordable this year for too many ozzies.

If it keeps the Cheap Charlies away, that's a good thing.

[jacksam]

Jessi...Google ,primary producer. See how you go.

[SheungWan]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

mmmm high season in phuket dosent look afordable this year for too many ozzies.

If it keeps the Cheap Charlies away, that's a good thing.

Pattaya welcomes Australia's itinerant backpacker fraternity to its open bosom.

[samran]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

Australia exports very little now its all made in China.

Funniest thing I've read all day. Thanks for the laugh!

[JimHuaHin]

The sooner the Abbott Government is removed, and responsible economic planning returns - eg increasing focus on renewable energy resources and move away from mining, and economic diversification - the better.

Most Australian economists know that Chinese demand for Australia's coal, iron ore, etc. would have to peak and decline once Chinese growth peaked.

Poor economic planning Hockey et al.

The decline in the A$ will probably lead to greater inflation, greater unemployment, a further slide in the A$ and more misery for us expat Aussies who have most of our financial assets, such as pensions and super, back in Ozland.

[KarenBravo]

Australian government wants to see 0.75 to the US$.

Bad for Australian tourists, great for Australian exporters.

Australia exports very little now its all made in China.

Yes, but, it's made with Aussie raw materials.

In addition, what about.......

Iron ore.

Gold.

Diamonds.

Live sheep.

Lamb.

All the different fruits.

Wheat.

LPG and LNG.

Edited December 18, 2014 by KarenBravo

[Tassie Norm]

Clearly, if SAMRAN is an Aussie, he is not relying upon a pension or superannuation originating from Oz. In any case, why so pleased? I hope not bitterness. And KONYING, 25B/A$? Nah, not even the rip-off big-4 banks got that low.........happy yuletide all.

[nzthai]

The sooner the Abbott Government is removed, and responsible economic planning returns - eg increasing focus on renewable energy resources and move away from mining, and economic diversification - the better.

Most Australian economists know that Chinese demand for Australia's coal, iron ore, etc. would have to peak and decline once Chinese growth peaked.

Poor economic planning Hockey et al.

The decline in the A$ will probably lead to greater inflation, greater unemployment, a further slide in the A$ and more misery for us expat Aussies who have most of our financial assets, such as pensions and super, back in Ozland.

Uhhmm..not sure where you are getting your info Jim but..it was the previous Rudd-Gillard-Rudd Govt that spent all the money and screwed the economy..the proverbial had already hit the fan when Hockey took over...the new Labour, leader that little maggot Shorty...stopped the Goverment from making $5b in savings at the senate stage that even labour had announced themselves pre-election...thats right Labour are now sabotaging the economy for their own political interests

[Benmart]

USA, USA, USA!!!!!!

don't worry.....simply keep selling oil futures, then take profits near the lows and buy, buy buy!!!

make millions.....so some lousy exchange rate will be meaningless when in your private jet!!!!!

Please elaborate. Thanks.

[Benmart]

it was 25 just few days ago

BULLSH!T

A persons vocabulary is a window into their mind. Not a criticism of the use of the word. Just an open window to look in. Edited December 18, 2014 by Benmart

[mikiea]

USA, USA, USA!!!!!!

don't worry.....simply keep selling oil futures, then take profits near the lows and buy, buy buy!!!

make millions.....so some lousy exchange rate will be meaningless when in your private jet!!!!! sounds good to me :-)

[mikiea]

sounds like someone ate a whine buger :-)

[bitcoinbob]

Aussie dollar is tied and correlated to Chinese economy for better or worse. it is a proxy for the Chinese RMB . so if china goes the way of russia and the ruble so goes Aussie. if it takes out 75 -80 to the dollar may run to 65.