| 06.08.2013 - Australian minister seeks weaker currency |
| Australia's industry minister Monday said the nation's currency needs to weaken sharply if the manufacturing sector, especially car makers, is to regain competitiveness against rival trading partners. The comments came as the Australian dollar fell to fresh three-year lows against the greenback on Monday, having fallen by around 16.5% since April after trading much of the previous two years above parity...............................................Full Article: Source |