The buck keeps rising against the USD and, to a lesser extent, the Euro. A few minutes ago, the psychological milestone of USD parity was reached.
What's it mean for you, for the country?
Apart from obvious things like foreign travel getting more affordable and exporters (including the tourism industry) quaking in their boots, what are the implications?
I earned (=worked my ass off for) a C+ in introductory macroeconomics back in 1984, so please keep it simple.
What's it mean for you, for the country?
Apart from obvious things like foreign travel getting more affordable and exporters (including the tourism industry) quaking in their boots, what are the implications?
I earned (=worked my ass off for) a C+ in introductory macroeconomics back in 1984, so please keep it simple.
