![Glenn Stevens was careful in his final interview as governor to downplay the exchange rate's role in the transmission of ...](/web/20160909095222im_/http://www.theage.com.au/content/dam/images/g/r/b/y/3/2/image.related.wideLandscape.460x259.grcvcd.png/1473401030997.jpg)
Stevens' parting shot – hosing down the $A emphasis
There's more than a little irony in at least some of the Australian dollar's latest gyrations being attributed to Glenn Stevens' exit interview remarks. He actually dissed monetary policy's exchange rate power.