Australian dollar to plunge 15pc this year: Capital Economics
![Expectations of a drop in the price of iron ore is set to take a toll on the local currency, among other challenges for ...](http://web.archive.org./web/20190124032210/https://www.afr.com/content/dam/images/g/s/k/z/f/j/image.related.afrIndexLead.320x210.h1aeq1.png/1548295419750.jpg)
Capital Economics has turned "even more bearish" on the Aussie, resetting its 2019 forecast for the currency to US60¢.
Capital Economics has turned "even more bearish" on the Aussie, resetting its 2019 forecast for the currency to US60¢.
Get unlimited access to Australia's best business news and market insights, including our award-winning app.
Already a subscriber? Log in