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Westpac Exchange Rate Forecast 2025
Westpac Exchange Rate Forecast 2025. An extended note from luci ellis, chief economist westpac group, westpac. The depreciation between the september quarter average and december quarter average was just 1.6% for the nominal twi and 2.6% for the bilateral rate against the us.
Ordinarily this would have implications for the exchange rate, especially against the united. A depreciating exchange rate gets interpreted as a ‘vote of no confidence’ in that economy or currency.