The world economic crisis

Australian dollar is on par with Singaporean dollar. I didn't think I'd see that happen again. I'm not a banking or economics person, but we do watch the foreign exchange rates from time tho time. Brother in law told us that all the money changers around his office in the CBD area are out of Aussie dollars. There's a mad rush as people hurry to change their money for their holiday, children's aussie study tuition or even just to keep to make a quick buck in the hopes that the rates will go back up again. I wonder how long or if it'll go back up again? There's speculation that it'll continue to drop, then again who knows what'll happen when and if Singapore's currency is weakened to help with the recession.