Aussie Dollar Likely to Strengthen Further
Oct. 24 (Bloomberg) -- John Honan, the Sydney-based chief economist at Ausbil Dexia Ltd., talks about Australia's economy, government and central bank policies, and local currency.
Australian Treasurer Joe Hockey will inject
A$8.8 billion ($8.5 billion) into the central bank's depleted reserve fund, increasing its flexibility to tackle renewed currency strength. Honan speaks with Zeb Eckert on Bloomberg Television's "On the Move." (Source: Bloomberg)