Lihat juga
06.02.2019 04:11 PM
On Wednesday, February 6, the head of the Reserve Bank of Australia, Philip Lowe, made an unexpectedly mild speech, while investors were awaiting statements about raising interest rates. This caused the sale of the Australian currency.
In a speech titled "Next Chapter," he pointed out that the increase in interest rates of the US Federal Reserve and other large central banks does not have automatic consequences for Australia.
The official also noted that the flexible rate of the Australian dollar gives the RBA considerable time independence for the implementation of domestic policy.
In addition, high mortgage arrears means that consumer consumption may decrease due to higher rates.
P. Lowe said that the RBA is not aimed at conducting fine-tuning of monetary policy. According to him, the state of the country's economy is improving, but there are still risks, noting that the surge in investment activity in the mining industry is gradually subsiding.
The head of the regulator believes that in order to raise real income per capita, it is necessary to increase productivity.
After the speech of the head of the RBA, the Australian dollar against the US dollar as of 16:30 Moscow time fell by 1.44% to 0.7130, the minimum since January 21 against the euro by 1.27%.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
