Aussie dollar over the past year. That latest drop in the right...

Aussie dollar over the past year. That latest drop in the right there was due to RBA signalling potential further drops in Aussie Dollar.
This will be causing inflationary pressures as we import most of our domestic consumables; thus taking more discrete spending out of the economy. This puts Australia in a bad situation where to stimulate the economy we need to drop interest rates, but that will further push up import prices.
I would guess that if it weren't for the iron ore price increase over the past year, our Dollar would presently be low 60s.
This is one reason why I invest in FMG and the main reason I invest in VTS, is to hedge against the fall of the Aussie Dollar as I think it has now become a structural problem for us.
One interesting prognosis is that as the iron ore price starts to decrease, so too will the Aussie Dollar, thereby softening the reduction of AUD received from our sales.
I have more to say in regards to our industry and political leaders increasing supply of domestic goods, but that is for another forum