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Busch: Tried and True QE2: $ Down

November 02, 2010

In a move that shocked the nation and the world, the Reserve Bank of Australia raised interest rates 25 basis points to 4.75% and the Australian dollar has broken parity with the US dollar...Clearly, the Australian central bankers are operating from a different model than the United States.

Source: http://www.cnbc.com/id/39967033?__source=RSS*tag*&par=RSS
 
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