The current exchange rate between the U.S. dollar and the Australian dollar is U.S. $1 = AUD$1.21. If the U.S. dollar is expected to appreciate by 3% relative to the Australian Dollar. What is the current exchange rate 1 AUD$/ US$? What is the new exchange rate of 1 US $/ AUD $? What is the new exchange rate of 1 AUD$/ US$? The Australian Dollar Percentage change against the USD is If the U.S. dollar is expected to appreciate by 3% relative to the Australian Dollar, then the Australian Dollar is depreciated by 3% against the US dollar (True, False)
