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Forum: Australia

Mar 11th 2011, 10:57 am

Replies: 9

Buying a House in Oz/ Exchange rate

Views: 1,406

Posted By Triumph3

Re: Buying a House in Oz/ Exchange rate

[QUOTE=Craig Vaughan;9232481]mate, exchange rates are based on how one economy is doing compared to another. It is not the only factor but the main one. QUOTE]

If that were true then the US dollar...

Forum: Australia

Mar 11th 2011, 9:29 am

Replies: 9

Buying a House in Oz/ Exchange rate

Views: 1,406

Posted By Triumph3

Re: Buying a House in Oz/ Exchange rate

I think you'd be mad to buy now.
The exchange rate is a near all time low for the pound so hang on in there, there's only one direction for the pound to go.
Exchange rates AREN'T based on economies...

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