The Conversation

The Aussie dollar at US75 cents: good or bad?

15-12-2014 Author: The Conversation

Australia's consumers are about to feel the pinch.Dan Peled/AAP

In an interview with the Australian Financial Review last week, Reserve Bank Governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn’t be a bad thing.

A lower exchange rate makes our exports cheaper for the...

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