What international market are you talking about? If it is an international money market, it should have little impact, because the Australian dollar economy is relatively small. Westerners generally regard Australia as the default haven of the money market, and hot money will not attack it tacitly.

If you are a trade market. That depends on its main trading partners and related industries. As Australia is an export-oriented economy, the decline of the Australian dollar will generally increase exports and stimulate the domestic economy.

In addition, for the trend, I personally think there is still room for decline. Most of Australia's funds come from the United States and Europe, so the Australian dollar generally follows the US dollar. Italy, Spain, Scotland and other countries will face serious economic recession next year, and Greece's previous debt repurchase will expire next year at the earliest; The dollar QE3 will come out sooner or later. So the Australian dollar will also fall. Yes, the nominal currency may be as low as 5.3-5.5.

Bottom line:1the wealth of westerners in the 8th century and the benefits of 19 the world's unequal financial system have come to an end; 100 The days of earning more with less work are coming to an end; Domestic and foreign financial debts accumulated after the 1970s always have to be repaid.