In last few days, Aussie Dollar slashed from USD $0.76s to $0.74s mainly because of US Fedral Bank increased cash rate from 1.5% to 1.75%.
IMO,RBA should increase cash rate from 1.5% to 1.75% too to keep the imported goods prices same level as present and support for the low income families.
Or RBA should sell USD to protect AUD value against AUD short position holders.
