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Best Australian dollar forecaster predicts 6% fall by year-end

Tuesday, October 13, 2015 - 05:50

Sydney

THE best forecaster of the Australian dollar isn't swayed by the recent surge that sent the currency to its best weekly gain since 2011, predicting it will fall back below 70 US cents by the end of the year.

For Konrad Bialas, a foreign exchange strategist in Warsaw at TMS