Article in the Aust Fin Review (article not behind paywall) re flows into the AUD, what a high $A is doing to the economy, growing calls for the RBA to intervene, why they may/may not:
there’s a growing chorus of calls for the Reserve Bank to intervene and try to push the dollar lower. Some argue that our central bank should follow the lead of the Swiss central bank which has capped the Swiss franc at 1.20 to the euro, because of concerns that Swiss exporters could be crunched by a rising currency.
