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Why Australia Needs a Weaker Currency

Tue 07 May 13 | 04:45 AM ET
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Why Australia Needs a Weaker Currency

Tue 07 May 13 | 04:45 AM ET
Ivan Colhoun, chief economist for Australia at ANZ, describes the Australian central bank's rate cut as an "insurance move" meant to weaken the currency and offset mining sector weakness.
 
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