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Why the Australian dollar is rising — and what that s got to do with your mortgage repayments
WedWednesday 24
updated
WedWednesday 24
FebFebruary 2021 at 10:37pm
The Australian dollar is moving higher for several different reasons, but one of those reasons is also tied to how much you ll be paying on your monthly mortgage repayments.
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The Australian dollar is on the move, now hovering around 80 US cents.
Over February alone it s gained roughly 5 cents against the US dollar. That s quite a move for any currency.
The Australian dollar is increasing in value for several reasons, and one of those reasons is also tied to how much you ll be paying on your monthly mortgage repayments — potentially as soon as later this year. ....

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