SYDNEY—A sharp selloff in the Australian dollar may not be over, despite it being one of the worst-performing currencies globally in the past year, a key member of the Reserve Bank of Australia’s policy-making team said Wednesday.
After trading above parity with the U.S. dollar for years, the Aussie has dropped 15% from its peak in 2013—partly because the central bank has talked the local currency down in a bid to help exporters…
Go here to see the original: RBA’s Edwards Flags Aussie-Dollar Risks
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