Exchange rate simple Q (1 Viewer)

[freeeeee]

Q: If another country (foreginers) wants to invest in Australia (e.g. equity investment for the resource sector) do they need to convert their money to AUD?

i know that exporters want to be paid in their own currency so importers need to convert their money in foreign exchnage markets but i wasnt too sure about ^

 

[asadass]

Yes, so it would lead to an increase in demand -> appreciation of the $A.

 

[freeeeee]

great thanks for the reply