Monday, December 20, 2010

Exchange rate declines in Australia to study "cheap" will heat up

Keyword: financial crisis in Australia to study the cost of the RMB exchange rate Australia study

Affected by financial crisis, dollar, Australian dollar, euro, etc., multiple currencies appear weak, so the more "worthless currency." Because the exchange rate of decline, the Chinese students studying abroad in Australia every year savings of $ Yuan, Chinese students studying in Australia will heat up.

It is reported that since the United States, Australia and other countries are China's main destinations abroad, the rate of decline, attract more learners will look there.

To this end, the financial management Division to study abroad in Australia, for example the accounts: 3 months ago, the Bank of AUD $ 6.6556 selling price, that is, in July of this year to take $ 665.56 buy 100 AUD. But as the Wall Street financial crisis intensified in the last 3 months, the Renminbi exchange rate for the Australian dollar jumped 28.54%. In recent years studying in Australia per person per year the average total cost calculation, 17 million at the present rate, spend study abroad each year will save around 5 million Yuan.

Although the United States-led Europe in major developed countries have suffered a serious economic crisis, but the United States, United Kingdom, Australia and other countries remains the first choice for students. The main reason for this lies in these countries has a good history of humanity, as well as high-quality educational resources, and the above two points is not affected by financial crisis fundamental combat.

As a result of exchange rate drop cause study costs, many students study abroad program, change will study abroad destination from cheap Singapore, turned to Europe and the major developed countries. The professional choice, judging from the current situation, financial professional still in hot pursuit of foreign students. However, because of concerns over the next few years financial industry sustained downturn would seriously affect employment, does not exclude part of the Student Union turned to other professional schools.

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