RTA rutila resources limited

RBA will lower rates again AUD 70c

  1. 1,247 Posts.
    RBA will lower rates again ..its not happy with AUD + Rates being in front of the USA and world wide rates so low .. we are still too high .... its a disadvantage for All Local Australian Industries..

    if/when RBA cuts by .25 tomorrow . our AUD will go under 75c by weeks end ...and 70c by Mid year .

    the Miners will see lower borrowing costs and a lower AUD = Higher profits from Exports.
 
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