Low rates will see AUD at 40 US cents

10 June 2016

 

Leading local bond fund manager, Vimal Gor from BT Investment Management, has used his latest monthly report to warn of his new base case that the $AUD will fall to 40 US cents. His original call was for the $AUD to fall to 50 US cents but he now believes this is too optimistic. Vimal predicts the Australian cash rate will fall to 1.00% and, as a consequence, the exchange...

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