This assignment examines the effects of fluctuations in the Australian dollar's exchange rate on Australian businesses. It delves into how a weaker Australian dollar can benefit exporters by making their goods more competitive internationally, while simultaneously increasing import costs for businesses reliant on foreign inputs. Conversely, a stronger Australian dollar can make imports cheaper but potentially harm exporters facing higher price competition overseas. The assignment encourages critical analysis of various economic factors influencing the Australian dollar's value and its multifaceted implications for different sectors within the Australian economy.