How high can the Aussie dollar go?

The end of the Reserve Bank's cutting cycle, US budget reforms and a stabilising global economy and all set the stage for a stronger local currency – and it could lift as far as $US1.25.

Businesses, consumers and the Reserve Bank of Australia should think about the possibility of the Australian dollar going to $US1.25 in the next year or two. It could even go higher if the US dollar is further eroded by less gloomy news out of the eurozone, more political ructions from US Congress over the debt ceiling and further fiscal policy reforms.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles