Home AUD dropped more than RBA expected in 2018 – Bloomberg

AUD dropped more than RBA expected in 2018 – Bloomberg

Updated: 28 Feb. 2019 | 01:57

The Reserve Bank of Australia’s (RBA) estimate of the exchange rate’s fair value shows the Aussie dollar fell further than the central bank expected.

Key points

AUD real trade-weighted index was around 3.5% lower than the RBA’s forecast, but was nonetheless “within the standard error bands”.

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