Original article by Rose Powell
The Australian Financial Review – Page: 22 : 4-Sep-15
A decline in the Australian dollar is not necessarily a negative development. Deutsche Bank chief economist Adam Boyton says a weaker dollar can assist the economy in adjusting itself to a post-mining environment and help prevent it from falling into recession. Boyton predicts that the Australian currency could fall to as low as $US0.50 by the end of 2016.
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