Foreign Exchange Transactions

[HowNow]

What is the effect of the value of the Australian dollar falling in terms of value against the us dollar when determining the cost of funds borrowed from America?

[Creinin]

You have to pay more because you borrow funds in US dollars

[ethanwhite]

As per my knowledge Australian dollar had fallen almost 1/3 compare to US dollar. That means the Australian Dollar has become weaken comparatively. All you have to do is to pay the negative amount.

[jessicamartin]

Thank you for providing this beautiful information. here I would like to share some cool information regarding online foreign exchange and currency exchange service providers in Canada. MTFX is the best currency exchange service provider for tourists, travelers, and students who study in Canada and want to submit fees in their university. MTFX will give more rates rather than others because MTFX always check rates with bank rates.