Author: Karthik
-
Looking Ahead: AUD to INR Forecast
—
by
Overview Australia took an approach to its exchange rate policy that set it apart from developed economies. After adopting a floating exchange rate, Australia gradually shifted towards a more flexible system. The significant turning point came in 1983, when the Australian dollar started to float and capital controls were lifted. Alongside this change, there were…
-
Factors Affecting The Economic Outlook Of Euro (European Union)
—
by
The introduction of the euro currency on January 1, 1999, was an accomplishment for the European Union (EU). It had been a long-term objective since the Maastricht Treaty in 1993, which aimed to establish an Economic and Monetary Union (EMU) by 1999, excluding the UK and Denmark. The actual circulation of euro notes and coins…