Australian dollar forecast to hit US60 cents

By Rose Powell, Vanessa Desloires
Updated September 3 2015 - 12:08pm, first published 9:32am
The dollar could reach 60 cents. Photo: Phil Carrick
The dollar could reach 60 cents. Photo: Phil Carrick
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Few would have thought a year ago the Australian dollar, which was barely 5 cents from parity with the greenback, would be trading at US70¢ but on Wednesday it plunged lower to reach a six-year low.

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