The recent downgrade in Australia’s Credit Rating outlook has changed from stable to negative by S&P Global Ratings causing a major decline in the Aussie Dollar against its major rivals. According to S&P, there is one-third chance of lowering the rating further in the next two years unless necessary actions are being taken by the parliament to improve their budget position.…
]]>The recent downgrade in Australia’s Credit Rating outlook has changed from stable to negative by S&P Global Ratings causing a major decline in the Aussie Dollar against its major rivals. According to S&P, there is one-third chance of lowering the rating further in the next two years unless necessary actions are being taken by the parliament to improve their budget position.…
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