Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 11/02/2010 2:43:28 PM PDT by bruinbirdman
[ Post Reply | Private Reply | View Replies ]


To: bruinbirdman

ZeroHedge has an article about this as well..

Dollar Death Bed: Aussie Beyond Parity For First Time In 28 Years

http://www.zerohedge.com/article/dollar-death-bed-aussie-beyond-parity-first-time-28-years


2 posted on 11/02/2010 3:00:30 PM PDT by FromLori (FromLori)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: bruinbirdman

As a numismatist I find this fascinating. This means that the Australian Pound (worth two Australian Dollars at the time of decimal conversion) is now worth more than the British Pound, which is worth, $1.60US. If the Australian Pound still existed, it would be worth $2.00 US or about £1.25 GBP. So much for the ‘Australian Rupee’ as it was derisively known by smug pommies following years of depreciation in comparison to the GBP....


3 posted on 11/02/2010 3:21:23 PM PDT by sinsofsolarempirefan
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson