Essays on International Banking and Finance Report

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The paper "International Banking and Finance" is a wonderful example of a report on macro and microeconomics. Graphs of Australian Dollar against various currencies Figure1. Trends of Australian Dollar against the USD The figure above shows the performance of the Australian Dollar against the USD from 2010 to 2014. According to the figure above, it can be observed that in 2010, the USD was weakest against the Australian Dollar with an exchange rate of 0.8400 against 1 Australian Dollar. However, there was an improvement from the year 2011 onwards where the highest value of the USD against the Australian Dollar was observed.

The contributing factor towards the improvement of the USD against the Australian Dollar can be attributed to the change in economic policies in the USA following the change in the political regime. In the years 2012 onwards until 2013, the value of the USD against the Australian Dollar remained stable at 1.00 USD against 1 Australian Dollar. However, from the year 2013 to 2014, there was a low performance of the USD against the Australian Dollar with a value as low as 0.9 against 1 Australian Dollar.

This change can be attributed to the improvement of the economic performance of Australia in international trade compared to the US between 2013 and 2014. Figure2. Trends of Australian Dollar against the European Euro From the figure above, it can be observed that the European Euro exchanged at 0.7 against 1 Australian Dollar. However, there was a gradual improvement in the value of the European euro between the years 2011 and 2013 with the highest value of the European euro being 0.83 against 1 Australian Dollar. This improvement can be attributed to a number of factors in European foreign banking and financing policies such as increased trade with other countries and trade liberalization which resulted in the high value of the European Euro.

It can also be contributed by changes in banking policies that enabled international institutions to the bank in the European countries thus improving the value of the Euro. However, between 2013 and 2014, it was observed that there was a drastic reduction in the value of the European euro against the Australian Dollar with the lowest value being 0.63 against 1 Australian Dollar in mid-2013.

This can be attributed to improved economic performance in Australian in 2013 and improved economic policies in the country which resulted in increased trade and exchange with its partners. This resulted in an increase in the value of its currency.

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