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Australian PM Abbott: Australian dollar at more comfortable level

From forexlive.com

Australian PM Abbott speaking in Beijing: •When the AUD was at US$1.05 it “did impose certain strains on our economy” •“The levels that we’ve seen it at in recent months are probably more comfortable for more people” •“But nevertheless it is a market-driven currency. Let’s see where the market takes it.” (full story)

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  • Category: Low Impact Breaking News