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Australian dollar falling may force interest rates to go higher

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CANBERRA: Australian dollar falling may force interest rates to an average of 2 per cent for the end of the year and the first quarter of 2016. If the fall in the dollar continued, there could be another 5 per cent rise in the price of imports in 2015 and again in 2016. The Reserve Bank’s cash rate stands at 2.25 ... Read More »