RBA (Reserve Bank Australia) lowered the key rate in Australia, 1% weh. It is doubled the market expected. The whole market shocked, no wonder yesterday i checked the exchange rate and it depreciate so huge.
Now is about 1 Aud = Rm 2.5-2.6. It's really really cheap. One of my friends even said it is the lowest since she was here for 4 years. I dunno how true is it, but is really low.
And, I noticed 1 thing, Singapore Dollar really strong. Is approxiamately 1-1.10 with Aud. And is 1-2.3-2.4 with MYR.
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