Reserve Bank of Australia Governor Glenn Stevens wants the exchange rate of the Australian dollar at about USD0.75

Market news

12 December 2014

Reserve Bank of Australia Governor Glenn Stevens wants the exchange rate of the Australian dollar at about USD0.75

The Reserve Bank of Australia (RBA) Governor Glenn Stevens said in an interview with The Australian Financial Review that the exchange rate of the Australian dollar should be closer to about USD0.75.

Stevens noted that the economic growth, jobs and inflation were running close to RBA's forecasts.

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