RBA wants lower dollar, despite inflation
The Australian dollar depreciates 5 per cent and the Reserve Bank of Australia’s growth forecast strengthens, and if the dollar depreciates some more, the outlook for growth will strengthen again.
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Change | % Chg | ||
S&P/ASX 200 | 5166.5 | 35.1 | + 0.68% |
Dow Jones | 15628.53 | 0.00 | + 0.00% |
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SPI 200 MAR4 | 5132.000 | 10.000 | + 0.20% |
AUD/USD | 0.8978 | 0.0024 | + 0.27% |
The Australian dollar depreciates 5 per cent and the Reserve Bank of Australia’s growth forecast strengthens, and if the dollar depreciates some more, the outlook for growth will strengthen again.
Indonesian Justice Minister Amir Syamsuddin on Friday confirmed 36-year-old convicted Australian drug trafficker Schapelle Corby has been granted parole after nine years in Bali’s Kerokoban prison.
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