Original article by Stephen Cauchi
The Australian Financial Review – Page: 29 : 17-Mar-15

The Australian dollar was buying $US0.764 late in trading on 16 March 2015, ahead of the release of the minutes from the Reserve Bank’s monthly board meeting. Bank of America Merrill Lynch economist Saul Eslake expects the cash rate to be reduced by 25 basis points in May, followed by rate rises in both December and February. He also forecasts that the dollar will be trading at $US0.73 in December and $US0.68 by the end of 2016

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