- The representative of the Reserve Bank of Australia Lowe: We are closely following the mood of companies, the overall situation
Market news
5 December 2012
The representative of the Reserve Bank of Australia Lowe: We are closely following the mood of companies, the overall situation
The reaction of the Australian dollar on rate cut is weaker than usual
Monetary policy remains effective Australia
The Australian dollar is too high
Intervention in the foreign exchange market would be a very serious step
Intervention would be a departure from tradition
I see signs of recovery in the housing market
It is unlikely that Australia will need to resort to unconventional policy
Market Focus
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