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View Full Version : Australian Dollar Will Drop 17% This Year, Morgan Stanley Says - Bloomberg



NewsWhore
03-06-2009, 12:20 AM
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Australian Dollar Will Drop 17% This Year, Morgan Stanley Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Daf49bMV6u4EE%26refer%3Daustralia&cid=0&ei=U7OwSYafBN-fmAfXmMT2BQ&usg=AFQjCNFVQUmHh1no0gnibJFpR_lPeuIlJw)
Bloomberg
By Candice Zachariahs March 6 (Bloomberg) -- The Australian dollar will tumble 17 percent against the US currency by year-end as an economic slowdown worsens and commodity prices drop, Morgan Stanley said. The so-called Aussie will weaken this year to ...


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