Australia is the 6th largest country in the world by area. O... More is the 6th largest country in the world by area. Officially, it is called Commonwealth of Australia. Its official is the , nicknamed the "Aussie" is the nickname AUD/USD, the currency pair comp... More.
The economy of Australia is focused onsuch as iron ore, coal and food. The rapid economic growth of Asian economies, especially , increased the demand for these exports.
Australia also has close economic ties with its neighbour. When paired with third currencies, the Australian dollar and the often correlate closely.