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HSC Economics Update: Exchange Rates

Apr 4, 2014

Exchange rates are constantly changing according to the global demand and supply of currencies across the globe.

An exchange rate refers to the rate at which a unit of domestic currency is exchanged for a given amount of a foreign currency (Riley 2011).

It is both a measure of relative value or purchasing power or an asset price. The exchange of these foreign transactions take place in both spot and forward markets.

They impact the determination of the interest rate which has flow on effects to many areas of both the domestic and international markets.

On the first Tuesday of every month, the board of the RBA meet to determine the interest rate. They met yesterday and determined to leave it on hold.

Below are some useful articles on exchange rates and interest rates:

http://www.abc.net.au/news/2014-04-01/reserve-bank-leaves-interest-rates-on-hold-in-april/5359248?section=business

http://www.smh.com.au/business/the-economy/australian-dollar-jumps-as-rba-keeps-official-cash-rate-on-hold-20140401-35vo9.html

http://www.theaustralian.com.au/business/latest/low-interest-rates-not-enough-to-drive-growth-rba/story-e6frg90f-1226865368085

Aussie Dollar on the rise again? 

HSC Economics update

HSC CoWorks offers HSC Tuition in a number of subjects including HSC Economics. Our team is made up of a team of HSC experts. Experienced HSC teachers, HSC markers, high achieving ex-students and certified life coaches. We have been a part of successful HSC campaigns since 1996 and in this time we have worked with 1000s of students as they have made the climb up Mount HSC® to get into their dream University course.

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The HSC can feel like it’s all consuming right now.

The assignments. The exams. The late nights. The pressure.

But our Balgowlah coaches are living proof that there’s so much waiting for you on the other side.

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The HSC can feel like it’s all consuming right now. The assignments. The exams. The late nights. The pressure. But our Balgowlah coaches are living proof that there’s so much waiting for you on the other side. From travelling the world, building careers they’re passionate about, studying at university, moving overseas, and saying “yes” to opportunities they never imagined in Year 12 . Their adventures all started with the same thing: putting in the work. The HSC isn’t the finish line. It’s a launch pad. Every study session, every practice paper and every small effort you’re making now is helping create more choices, opportunities and skills for your future self. So when motivation feels hard to find, remember what you’re working towards. The adventures ahead are worth it 🏔️ #HSC2026 #Year12 #StudyMotivation #FutureYou #HSCCoWorksBalgowlah

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The HSC tools and systems you need to succeed are right here at CoWorks! 🏔️🚀 And it’s not too late to start using them! Receive expert support from experienced Coaches, Teachers & Markers across ALL your subjects 7 DAYS a week 🔥 HSC2026 enrolments closing soon. #hsccoworks #free14daytrial #hsc2026

40 days... That’s all that’s left until most HSC Students begin their HSC Trial Exams.

While that might sound like plenty of time, these next six weeks will disappear faster than you think. The students who perform their best in Trials won’t be the ones who panic in the final week, they’ll be the ones who use the next 40 days with purpose.

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#HSC2026 #Year12 #HSCTrials #StudyTips HSCCoWorks

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40 days... That’s all that’s left until most HSC Students begin their HSC Trial Exams. While that might sound like plenty of time, these next six weeks will disappear faster than you think. The students who perform their best in Trials won’t be the ones who panic in the final week, they’ll be the ones who use the next 40 days with purpose. We’ve put together a 40-Day Trial Exam Plan to help you know exactly what to focus on, when to focus on it, and how to build momentum right through to exam day. ✅ Content consolidation ✅ Exam technique ✅ Trial paper practice ✅ Final revision strategies Plus, we’ve created a FREE 40-Day Study Planner to help you stay organised, track your progress and make every day count. Read the blog and download your free planner today #linkinbio or COMMENT “Planner” and we will send this directly to you. #HSC2026 #Year12 #HSCTrials #StudyTips HSCCoWorks

WHATS YOUR WHY?

Whether its that ski season in Japan, a boat day in Greece, a basketball game in LA or that 3 month summer break post-exams, knowing what you’re working so hard towards is what will keep you going on the days you lack motivation and just want to give up.

Put in the work now so you can enjoy these things with no regrets 👊🏽👊🏽

#motivation #studymotivation #travel #hsccoworks

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WHATS YOUR WHY? Whether its that ski season in Japan, a boat day in Greece, a basketball game in LA or that 3 month summer break post-exams, knowing what you’re working so hard towards is what will keep you going on the days you lack motivation and just want to give up. Put in the work now so you can enjoy these things with no regrets 👊🏽👊🏽 #motivation #studymotivation #travel #hsccoworks
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