exchange rates - Economics Students Society of Australia

exchange rates

A collection of 2 posts

Does the collapse of the Turkish lira pose more than just a local threat?

Does the collapse of the Turkish lira pose more than just a local threat?

In the off chance you had better things to do than track the performance of the Turkish lira, I shall provide you a quick update. Over the last few weeks, Turkey’s currency has collapsed more than 20% against the US dollar. Foreign investors have been pulling money out of

Car Subsidies Delaying the Inevitable

australian dollar

Car Subsidies Delaying the Inevitable

The Federal government announced recently that they will continue to support the Australian car industry through ‘co-investment’ – i.e. through tax-payer funded direct subsidies to industry. This is funneling money to multinational co-operations so they can maintain production of Holdens and Fords in Australia. All this is for one reason