Determination of the Australian Dollar

What this note covers

1. The Foreign Exchange Market and the AUD
2. Demand for the Australian Dollar
3. Supply of the Australian Dollar
4. Non-Price Factors: Shifts in Demand and Supply
5. Demand/Supply Diagram: Illustrating Exchange Rate Changes
6. The AUD as a Commodity Currency: Australia's Structural Context
7. Economic Consequences of AUD Exchange Rate Changes

7 sections · 14 key terms & formulas · 6 common mistakes