Australian dollar likely to fall materially, says central bank chief Glenn Stevens

Australia’s top central banker said on Tuesday it was likely the Australian dollar would fall materially in the future given the country’s declining terms of trade, a shift that would be welcome to trade-exposed sectors of the domestic economy.

via Business feed http://www.scmp.com/business/economy/article/1342592/australian-dollar-likely-fall-materially-says-central-bank-chief