Home RBA SoMP: Decline in AUD would be positive for growth, inflation

RBA SoMP: Decline in AUD would be positive for growth, inflation

Published date: 10 Aug. 2018 | 03:33

In its quarterly Statement of Monetary Policy (SoMP) released on Friday, the Reserve Bank of Australia (RBA), highlights that the depreciation in the exchange rate on the back of broad US dollar strength is likely to ne positive for growth and inflation.

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