re: aussie $ at 59.77!!!!!!!!!!!! now 59.46! RBA do not get overly concerned with the AUD/USD rate, rather they placer greater emphasis in the TWI.
In the last year, althought the Aussie has appreciated about 12% agst the USD, it is up only around 5% in TWI terms.
aussie $ at 59.77!!!!!!!!!!!!, page-9
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