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If the RBA surprises the market by raising its cash rate target to 3% the AUD will immediately appreciate depreciate against all other currencies This immediate change of the

If the RBA surprises the market by raising its cash rate target to 3% the AUD will immediately __________ (appreciate / depreciate) against all other currencies. This immediate change of the AUD value is making our exports __________ (cheaper / more expensive) and thus __________ (fosters / dampens) economic activity and inflation. In Japan the interest rate is close to 0%. Therefore, the AUD is very likely to ____________ (appreciate / depreciate) against the Yen over the coming year. In Indonesia the interest rate is around 6%. Therefore, the AUD is very likely to _____________ (appreciate / depreciate) against the Indonesian Ruphia over the coming year.

May 15 2020 View more View Less

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