AUD/USD exchange rate impact on the Australian economy|Danesh Exchange in Melbourne

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December 12, 2017

AUD/USD exchange rate impact on the Australian economy|Danesh Exchange in Melbourne

The Australian economy expanded 0.3 percent in the March quarter of 2017, compared to a 1.1 percent growth in the December quarter 2016 while markets expected a 0.2 percent expansion. Positive contributions from final domestic demand and changes in inventories were unable to offset weak net trade and a drop in dwelling investment.The downside risk to the Australian economy remains the housing market, which according to many analysts can be on the verge of collapsing if the RBA hikes rates too soon and too fast. So far, the RBA has kept rates on hold and didn’t do much in comparison to their counterparts like New Zealand who have already raised interest rates.
Danesh Exchange provides service travel money exchange. Danesh Exchange is the best currency exchange in Melbourne.
Danesh Exchange in Melbourne takes the pride of being the most trusted service provider for money exchange in Melbourne. Moreover, our money transfer services cover over 197 countries across the world. We boast of our global network to a large extent to deliver our services Travel money exchange Melbourne a hassle-free manner. We are appreciated for offering all the foreign exchange solutions under one roof.
For more details:
PHONE#: 0387537579
WEBSITE: www.daneshexchange.com
EMAIL: daneshexchange@gmail.com
ABN: 37289116710
ADDRESS: LONSDALE ST DANDENONG VIC 3175 MELBOURNE

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December 12, 2017
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