There is a vast increase in Australian Dollar and its still rising up. Few weeks ago the exchange rate for Nepal was $ 1.00 = Rs. 57.00 but now its $ 1.00 = Rs. 64.00 and sources says that it will be rising up for more some amount.

I think it’s a good thing for Australian that their rates are going higher and competing to US Dollors too.

In Australia the annual budget has been announced recently and one thing I don’t understand is what sort of things or terms makes the increasement in the international exchange rates? If anyone knows about it please make me clear about it, I would like to broad my knowledge each and everyday.