http://blog.realestateinvestar.com.a...stral_110.aspxRBA Promises to Cut Interest Rates if High Australian Dollar Demands it
Posted Date: 27/02/2013
RBA Promises to Cut Interest Rates if High Australian Dollar Demands it
The Reserve Bank of Australia (RBA) says it has scope to cut interest rates, if needed, to offset the effect of the high Australian dollar.
and from today...........
http://www.abc.net.au/news/2013-04-2...ar-730/4647220Cries for help as high Aussie dollar set to stay
Industry leaders are crying out for help as the high Australian dollar causes growing anxiety across the economy, with analysts expecting it to remain above parity for the next couple of years.
Lower rates mean share market rise..........