Is This A Good Time To Join The Housing Market When Australian Dollars Rate Is Dropping?

Is Australian dollars will keep a low rate this year? Will the Reserve Bank drop the interest further?

The Australian dollar exchange rates are displayed on the Australian Stock Exchange (ASX) trading board in Sydney. Source: AAP Image/Mick Tsikas

Economic analyst Julius Wei said a sharp drop on Australian Dollars rate early this year cannot indicate a downwards trend of Australian Dollars this year. 

He also didn't see this drop will affect Australia's housing market.

Please find out more on SBS Mandarin Website.

Follow SBS Mandarin on Facebook / Follow 澳大利亚SBS广播公司 on Weibo.