Foreign Exchange -
Australian Dollar OutlookIn a shocking development - almost as shocking as the news that the wildfires were the result of arson - one Senator in Australia’s Parliament derailed the A$42 billion stimulus package because it neglected to contain provision for the
Murray-Darling River system. To be fair, this area produces half of Australia’s farm products, although the focus of the plan was more on
social spending with a little infrastructure spending.
The bill will be amended and re-introduced for a vote as soon as tomorrow.
Pounds to Australian Dollars exchange rate currently 2.1983Bye For Now
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