Tuesday, July 30, 2013

Australian rates, dollar can go lower: central bank





Australia’s top central banker said inflation would be no bar to a cut in interest rates and the local currency could fall further, fuelling expectations of another cut in interest rates next week and driving the Australian dollar to a two-week low.









via Business feed http://www.scmp.com/business/economy/article/1293006/australian-rates-dollar-can-go-lower-central-bank

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