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AUSTRALIAN TREASURER WOULD LIKE TO SEE RISE IN US DOLLAR.
AsiaPulse News
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December 01, 2004 |
COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
CANBERRA, Dec 1 Asia Pulse - Australian Treasurer Peter Costello said today he would like to see the US dollar rise so it would take pressure off Australian exporters.
However, he predicted the fall in the US dollar could continue and make it more difficult for Australian exporters.
Mr Costello said there was a huge realignment of world currencies as a result of the falling US dollar.
"That massive realignment is making it harder for countries whose ...
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Source: HighBeam Research, AUSTRALIAN TREASURER WOULD LIKE TO SEE RISE IN US DOLLAR.